Ethical Issues in “Income Inflation” by Wink & Corradino
Read and reflect on the article “Income inflation: Absorption costing vs. variable” by Wink & Corradino.
A commitment to ethical professional practice includes overarching principles that express our values and standards that guide our conduct. Using the Institute of Management Accountants Code of Ethics, summarize the ethical issues presented in the article. Establish what actions you would take if placed in Robert’s situation. Deduce the potential outcome of Robert’s meeting.