Title: Competency Assessment: (CU4 M2) Ethics Assessment #4
Course: SkillsCom BA 211 15.0 > Section: Credit Unit 4 Module 2

Prepare and submit a one page document that answers the requirements at the end of Case 1 on page 559 of your e-Text. Please write your answers in essay format.

Requirement #1

Why didn’t Jim want the accountant to decrease the net income by the increase in accounts receivable and the gain on the land sale? Why do you think Jim finally agreed with the accountant?

Requirement #2

Could the operating cash flows be increased by including the cash proceeds from the sale but listing them as “other” rather than as land sale proceeds?