If an Accountant Takes an Action That Is Deliberately Designed

question 81

Multiple Choice

If an accountant takes an action that is deliberately designed to improve the company's financial results,it would be considered unethical if:

• A) it deliberately misrepresents facts.
• B) the action was taken specifically for the purpose of showing higher income.
• C) the action will require a special journal entry.
• D) the action is not in the best interests of the business owners.

---

Definitions:

Trade Barriers

Measures that governments or public authorities introduce to make imported goods or services less competitive than locally produced goods and services.

Specialization

Refers to the process where individuals, businesses, or countries focus on producing a narrow range of goods or services, improving efficiency and productivity.

Production Possibility Frontier

A curve depicting all maximum output possibilities for two or more goods given a set of inputs (resources), representing the trade-off between different choices.

Environmental Groups

Organizations dedicated to advocating for and working towards the protection and improvement of the Earth's environment.