Recording and reporting of intangibles

Problem 1: What are some potential areas in the recording and reporting of intangibles that might provide an unethical CEO the opportunity to present the results of operations in a more favorable light than in reality should be portrayed?

Problem 2: What (or whom) do you think might be in a position to prevent such misrepresentation? Explain.

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Business Law and Ethics: Recording and reporting of intangibles
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