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M Company will report a net loss of $50,000 for the current year. The company’s president has asked the Chief Financial Officer (CFO) to record an additional $75,000 of revenue at the end of the year without providing supporting documentation. What is the most ethical thing to do?

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oloruntoba24

Answer: This is called Sharp practices in management

Explanation: The CFO should report the issue to the board of directors so that they will be aware of the fraud practices of the Company president.

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