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Discuss whether lion actions appropriate or inappropriate

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Reference no: EM132377136

Questions: To address (detailed answers in paragraph form):

1. Explain why the use of alternative accounting methods to manipulate reported earnings is unethical.

2. Is Larry Lion, Southwest's director of cost management, correct in saying that the supplies purchased from Millstone were accounted for improperly? Explain.

3. Assuming that John Smith's arrangement with Millstone was in violation of the Standards of Ethical Conduct for Management Accountants, discuss whether Lion's actions were appropriate or inappropriate.

Information related to above question is enclosed below:

Attachment:- ManagerialAccountingCaseStudy.rar

Reference no: EM132377136

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