Asked by
Aiyana Peters
on Nov 22, 2024Verified
Mica Inc., an American mining company, issued false financial statements to evade taxes. Given this information, it can be said that Mica Inc.'s actions are:
A) ethical but illegal
B) illegal and unethical
C) ethical and legal
D) legal but unethical
Ethical
Pertaining to moral principles or practices that govern a person's behavior or the conducting of an activity with respect to what is right or wrong.
Financial Statements
Documents that provide an overview of a business's financial condition, including balance sheets, income statements, and cash flow statements.
- Differentiate between moral obligations and legal requirements within global business environments.
Verified Answer
KR
Learning Objectives
- Differentiate between moral obligations and legal requirements within global business environments.