Question

Diane is a CFO at We Do What We Want, Inc. She was just instructed by her boss, the CEO, to accelerate the recording of revenue into an earlier year to meet financial analysts' earnings projections. In order to meet the ethical standards of the accounting profession, Diane must be certain that she: a. Blows the whistle on the financial wrongdoing b. Reports the matter to the SEC c.Informs the external auditors d. Works through the chain of command within the company to avoid subordinating judgment

Answer 1

The correct answer is letter "D": Works through the chain of command within the company to avoid subordinating judgment.

Step-by-step explanation:

In every organization, the chain of command outlines not only the leadership and accountability structure of responsibility, but also the company's authority guidelines and control over the decisions taken. Effective chains of command imply that each challenge, each position, and each department has an employee responsible in charge of their results.