Managerial Accounting (15th Edition)

Published by McGraw-Hill Education
ISBN 10: 007802563X
ISBN 13: 978-0-07802-563-1

Chapter 1 - Managerial Accounting: An Overview - Exercises - Page 22: Exercise 1-10

Answer

I agree with the quote.

Work Step by Step

The quote encourages the business people to achieve the sole objective of business, i.e., profitability, without deception or fraud. Being without deception or fraud is most vital corporate social responsibility. If the business run without deception or fraud, it aims at transparency and improve the confidence of stakeholders. Along with this, business can aim for profits.
Update this answer!

You can help us out by revising, improving and updating this answer.

Update this answer

After you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.