What are your thoughts regarding petes action

Assignment Help Accounting Basics

Reference no: EM131957762

Problem

Pete Rose, the accountant of Rich Co., would like to buy a new software package for his general ledger. He couldn't do it because all funds were frozen for the rest of the fiscal period. Pete called his friend at Flynn Industries and asked whether he could copy its software. Comment on why it is or is not okay for Pete to make such a request. What are your thoughts regarding Pete's action? Post your comments and reasons as to why Pete should or should not have made the request.

Reference no: EM131957762

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