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Your answers to the following questions are considered formal  responses and should be written in APA format with in-text citations and  a reference page. Each response should be 200-350 words.You may include  all responses in one paper but clearly separate and label your  responses.

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Part 1 
Re-read Focus on Practice Free Cash Flow at Cisco Systems. Answer  the question posed in the article, “What are some possible ways that  corporate accountants might be able to change their earnings to portray a  more favorable earnings statement?

Part 2 
Read the Ethical Problem (P4-21). Answer the question posed 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 anticipate?

Part 3
Respond to the questions in the statement below: 
How  can a manager influence the budgeting process and ensuing budgetary  numbers in unethical ways? Are there ways to identify and control this  type of behavior?

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