Debbie and Steve are discussing a lecture given by their ethics professor after class one day. The professor said that misstatements of earnings are always unethical. Debbie agrees with this situation, but Steve does not. What statement might Steve make to best support his point of view?
A) It depends on whether the misstatements were made deliberately
B) It depends on whether a user relied on the financial statements
C) It depends on whether the statements lead to a modified or unmodified opinion
D) All are valid statements for Steve to support his point of view

Question

Quizplus · Accepted Answer

Steve's statement suggests that the morality of misstatements of earnings depends on the intention behind them, implying that accidental or unintentional misstatements would not necessarily be unethical.

Debbie and Steve Are Discussing a Lecture Given by Their