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CoursHeroTranscribedText: EM 1-4 Ethics and the Manager [LO3] P 26 ond, Inc., operates a chain of 44 department stores. Two years ago, the board ond approved a large-scale remodeling of its stores to attract a more upscale efore finalizing these plans, two stores were remodeled as a test. Linda Per ller, was asked to oversee the financial reporting for these test stores, and she nt personnel were offered bonuses based on the sales growth and profitability completing the financial reports, Perlman discovered a sizable inventory of ould have been discounted for sale or returned to the manufacturer. She disc ith her management colleagues; the consensus was to ignore reporting this in because reporting it would diminish the financial results and their bonuses. tired: According to the IMA's Statement of Ethical Professional Practice, would Perlman not to report the inventory as obsolete? Would it be easy for Perlman to take the ethical action in this situation? PLEASE NOTE THAT IT IS YOUR RESPONSIBILITY TO CHECK THIS SCANNED DOCUMENT TO ENSURE THAT NO TEXT IS MISSING FROM ANY OF THE QUESTIONS. VISIT THE IBRARY AND CHECK EACH QUESTION IN THE TEXT AND INSERT ANY MISSING INFORMATION. NOTE THAT PROVISION OF QUESTIONS TO ENABLE YOU TO COMPLETE YOUR ASSIGNMENTS IS A COURTESY, NOT A REQUIREMENT

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