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Engineering, 06.02.2022 22:50 llamasking

Answer the following questions. a. Will classifying the portfolio as each proposes actually have the effect on earnings that each says it will?
b. Is there anything unethical in what each of them proposes? Who are the stakeholders affected by
their proposals?
c. Assume that Beresford and Nielson properly classify the entire portfolio into trading, available-for-sale,
and held-to-maturity categories. But then each proposes to sell just before year-end the securities
with gains or with losses, as the case may be, to accomplish their effect on earnings. Is this unethical?
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