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Pete Rose, the accountant of Rich Co., would like to buy a new software package for his general ledger. He couldn't do it because all funds were frozen for the rest of the fiscal period. Pete called his friend at Flynn Industries and asked whether he could copy its software. Comment on why it is or is not okay for Pete to make such a request. What are your thoughts regarding Pete's action? Post your comments and reasons as to why Pete should or should not have made the request.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M92795419

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