Solved

Which of the Following Events Would NOT Be Considered Unethical

Question 20

Multiple Choice

Which of the following events would NOT be considered unethical under IMA standards?


A) An inventory shipment was received on January 2, but was booked 3 days earlier in order to boost the year-end inventory balance.
B) An accountant coded an expense to a fixed asset account so that the expense budget would not be overrun at year-end.
C) A scheduled maintenance service originally planned for late December was delayed until the following year to reduce expenses recorded in the year just ended.
D) A company shipped products to a customer on January 2, but recorded the transaction on the last day of December to boost revenues in the year just ended.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions