Illustrations of unethical and unacceptable actions
Write down a brief note on the illustrations of unethical and unacceptable actions?
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The illustrations of unethical and unacceptable actions comprise:
a) Paying bribe to persuade staff of other businesses to reveal the information regarding the employee’s business which could be helpful.
b) Oppressive treatment of suppliers, for illustration, making suppliers waits excessive periods prior to payment.
c) Manipulating the financial statements to misinform users of them, for illustration, to overstate gain so that senior managers become entitled for performance bonuses.
Business combination in which the acquiring corporation buys all the assets of the target, recording them at fair market values. The target is absorbed into the acquiring corpora- tion, and has gains on the sales of the assets that appear on its last tax return. In ad
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