Question

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?

Answer 1

It is unethical for the CFO to record the additional $75,000 without receipts and supporting documents

Step-by-step explanation:

The company balance sheet needs to reflect the true financial position of the firm, hence the right thing to do is to ask for documentation and receipts before recording the additional $ 75,000.