BYP 7 - (b.) The ethical considerations in this case are...

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(a). The company would suffer negative effects if I did not comply with Gena Schmitt’s instructions. For starters their loan would default and would be out of jobs and a company. If I followed Gena’s instructions. the insurance company would suffer negative effects if Riverside Bottline company didn’t really have 200,000 in its company’s cash account because it is overstating its assets.
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Unformatted text preview: (b.) The ethical considerations in this case are whether or not its wrong to overstate assets, and the cost is many peoples jobs. (c.) Their alternatives could be an electronic funds transfer that could transfer in that day rather than in the next month so that assets are not overstated and they are not committing fraud....
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This note was uploaded on 09/23/2011 for the course ACCT 2361 taught by Professor Severance during the Spring '08 term at Texas State.

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