Compare the benefits and dangers of using stretch targets, specifically addressing the pressure to engage in unethical practices.

“Got Ethics?”  Please respond to the following:

• • Compare the benefits and dangers of using stretch targets, specifically addressing the pressure to engage in unethical practices.

2.

“Flexible Budgeting”  Please respond to the following:

• • What are the reasons to use a flexible budget? What is the major distinction between a static budget and a flexible budget? Illustrate the difference using a real-world example.