1. ACC 557 Week 4 Individual Assignment
Ethics of Penn Square Bank and the Dow
Corning Bankruptcy
Click this link to get the tutorial:
http://homeworkfox.com/tutorials/business/9621/acc-557-
week-4-individual-assignment-ethics-of-penn-square-bank-
and-the-dow-corning-bankruptcy/
Resources: This week’s Electronic Reserve Readings
Conduct additional research, and then answer each question in a 350- to 700-word response:
· Penn Square Bank: What were the ethical pressures on the firm concerning documentation,
credit extension, and revenue recognition that lead to the final collapse? What should have been
done to reduce or offset these pressures?