Mary is an accountant in a publicly-owned company. She was informed by the CFO that the company's earnings were down 30 percent from the prior year due to the recession. The company's stock price has declined by 20 percent. The CFO comes up with a scheme to hide debt and inflate revenues by selling underperforming assets CFO and to be seen as a team player. to a special purpose entity affiliated with the company. Although Mary is concerned about the possible effects, she ultimately agrees to the scheme to go along with the Mary is reasoning at which stage?

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Marys reasoning appears to be at the stage of rationalization and justification Despite her initial ... View the full answer