Question: The numbers are not looking good when compared to prior quarters. You are a CPA in the company's accounting department working closely with the CFO.

The numbers are not looking good when compared to prior quarters. You are a CPA in the company's accounting department working closely with the CFO. The CFO pressures you to create an adjusting entry so that the quarter looks like past quarters. The total amount of the adjusting entry does not appear to be material. What action should you take? Group of answer choices Refuse to make the adjustment and tell the CFO they are a criminal. Since the adjustment is not material, let the CFO make the adjustment. Refuse to make the adjustment until you are confident it complies with GAAP. Since the adjustment is not material, make the adjustment

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