Answer
See explanation
Work Step by Step
a.
i. This move is ethical. The student's financial aid is justified because they no longer have income or assets.
ii. This move is unethical because it encourages the manipulation of expenses.
iii. This action is ethical because it is in the interest of the child.
iv. This action is unethical. The prolonged leave is unnecessary.
b
To appeal to creditors.
To appeal to investors.
To mislead clients about the financial health of a company.
c
To avoid meeting higher tax obligations.
To appeal to government bailouts.
To claim tax relief.
d
Understatement may occur in situations of tax evasion
Overstatement may occur when one wants to get a loan.
