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Leston Corporation has experienced serious financial difficulties in recent years

Questions and AnswersPosted On:2023-08-01 15:42:27Viewed:150

Leston Corporation has experienced serious financial difficulties in recent years. John Young, the company's chief financial officer, has just  learned that a major competitor was likely to file  for bankruptcy; however, because of work load he failed to disclose this information at a board meeting held later that day when a plant closure decision was being discussed. The board evaluated several proposals during the session that focused on improving Leston's financial position. Using  IMA's Code of Professional Ethics this can be considered case of:


a. Confidentiality and Integrity

b. Competence and Credibility

c. Competence and Independence

d. Independence and Credibility


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Last updated on:2023-08-01 15:42:27


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