Title: Competency Assessment: (CU3 M3) Ethics Assessment #3
Course: SkillsCom BA 211 15.0 > Section: Credit Unit 3 Module 3

Prepare and submit a one page document that answers the requirements at the end of Case 1 on page 448 of your e-Text. Please write your answers in essay format.

Requirement #1

What is the impact of accrued liabilities on the financial statements? Should the accrued liabilities for wages and interest payable be removed from the balance sheet?

Requirement #2

Does Don have a valid reason for wanting to reduce the estimated warranty liability? Are the concerns expressed by the accountant valid?