Exam 16: Duties in the Accounting Workplace Online Only

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Prior to hiring a new professional staff member,an auditing firm checks public records to see if a prospective employee has ever been arrested for insider trading or other forms of securities fraud? Is this ethical?

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An employee who is involved in preparing her employer's SEC filings informed the SEC that a footnote disclosure in the company's filings was misleading and untruthful.The company's employment manual clearly states that "communications with federal or state law enforcement authorities is strictly forbidden without first obtaining the written consent of the company's General Counsel Office." This employee never did so.The employer:

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