Asked by Heather Jenkins on Jun 08, 2024
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Two factors that typically lead to ethical violations are relevance and timeliness of accounting information.
Ethical Violations
Breaches of moral principles or professional standards of conduct, often resulting in negative consequences.
Relevance
The importance of financial information in making economic decisions for users of accounting data.
Timeliness
The quality of delivering or receiving information or materials within an expected timeframe, crucial for decision-making and operational efficiency.
- Understand the moral considerations and criteria in accounting, including the consequences of small ethical shortcomings and the legal ramifications for unscrupulous behavior.
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Learning Objectives
- Understand the moral considerations and criteria in accounting, including the consequences of small ethical shortcomings and the legal ramifications for unscrupulous behavior.
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