The smith family adopted a child. the adoption procedure took about three months, and the family incurred various expenses. will the smiths receive any financial benefit for the taxable year? they will not receive any financial benefit for adopting the child their income tax component will decrease they will receive childcare grants they will receive a tax credit for the cost borne for adopting the child they will receive several tax deductions

Consider the scenario below and let us know if you believe lauren smith's actions to be ethical. let us know why or why not. lauren smith is the controller for sports central, a chain of sporting goods stores. she has been asked to recommend a site for a new store. lauren has an uncle who owns a shopping plaza in the area of town where the new store is to be located, so she decides to contact her uncle about leasing space in his plaza. lauren also contacted several other shopping plazas and malls, but her uncle’s store turned out to be the most economical place to lease. therefore, lauren recommended locating the new store in her uncle’s shopping plaza. in making her recommendation to management, she did not disclose that her uncle owns the shopping plaza. if management decided to go with lauren's uncle's plaza, what additional information would be needed in the financial statements?