Asked by Heather Jenkins on Jun 08, 2024

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Two factors that typically lead to ethical violations are relevance and timeliness of accounting information.

Ethical Violations

Breaches of moral principles or professional standards of conduct, often resulting in negative consequences.

Relevance

The importance of financial information in making economic decisions for users of accounting data.

Timeliness

The quality of delivering or receiving information or materials within an expected timeframe, crucial for decision-making and operational efficiency.

  • Understand the moral considerations and criteria in accounting, including the consequences of small ethical shortcomings and the legal ramifications for unscrupulous behavior.
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payton dorschJun 15, 2024
Final Answer :
False
Explanation :
While relevance and timeliness are important factors in accounting, they are not the primary factors that lead to ethical violations. Ethical violations are more commonly caused by issues such as conflicts of interest, lack of transparency, and pressure to meet financial goals.