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Which of the following statements is true regarding ethical issues accompanying budgeting? a)...

Question:

Which of the following statements is true regarding ethical issues accompanying budgeting?

a) Easy target incentives are eliminated through budgeting.

b) The conflicts of biased budgeting can be avoided in a decentralized firm.

c) Conflicts of interest do not arise when employees are asked for input to help establish a budget.

d) If budget targets are difficult to meet, employees could turn to fraudulent financial reporting.

Ethical Issues:

Ethical Issues faces by the accountant are the conflict of interest, fraudulent financial reporting, misappropriation of assets and the disclosure violations and manipulation of financial statement.

Answer and Explanation:

The following is the statement true regarding the ethical issues regarding the accompanying budgeting

a) Easy target incentives are eliminated...

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Ethical Issues in HR: Definition & Importance

from Business 106: Human Resource Management

Chapter 1 / Lesson 10
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