XACC 280 Week 8 Assignment Impacts of Unethical Behavior

Question 1

XACC 280 Week 8 Assignment Impacts of Unethical Behavior

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Research a company that has been in the news for unethical practices, such as Enron, Tyco, Global Crossing, or WorldCom.

Post a 300- to 500-word response that summarizes your ideas about the following:

· What was the nature of the controversy regarding this company’s practices?

· How were accounting practices involved?

· If you had been an accountant for this company, how would you have acted? Explain why.

· What might have been done to prevent the controversy?

What was the affect of unethical behavior on the profitability of the company?

Answer 1

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