Question: Read the Ethical problem (P4-21) Answer the question posted in the problem. The SEC is trying to get companies to notify the investment community more

Read the Ethical problem (P4-21) Answer the question posted in the problem.

The SEC is trying to get companies to notify the investment community more quickly when a material change" will affect their forthcoming financial results.

In what sense might a financial manager be seen as more ethical if he or she follows this directive and issues a press release indicating that sales will not be as high as previously anticipated?

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