Which of the following is not one of the four Standards of Ethical Conduct for Management...
Which of the following is not one of the four Standards of Ethical Conduct for Management Accountants?
Group of answer choices:
Independence
Credibility
Integrity
Confidentiality
Homework Answers
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The four standards of ethical conduct for management accountants are 1. Confidentiality 2. Credibility 3. Integrity 4. Credibility Hence option A (independence) is the answer |
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Which of the following is not one of the four Standards of
Ethical Conduct for Management...
The Institute of Management Accountants (IMA) has promulgated an ethics code for management accountants called The...
The Institute of Management Accountants (IMA) has promulgated an ethics code for management accountants called The Statement of Ethical Practice, which has four standards of ethical conduct. Which of the following is NOT one of those standards? A. Competence B. Confidentiality C. Integrity D. Continuing Education E. Credibility
The Institute of Management Accountants' Statement of Ethical Professional Practice requires managerial accountants to meet standards...
The Institute of Management Accountants' Statement of Ethical Professional Practice requires managerial accountants to meet standards regarding competence, confidentiality, integrity, and credibility. Consider the following situations. Which standard(s) is(are) violated in each situation? (Click the icon to view the situations.) a. Providing earnings information to your brother before it is publicly announced violates the confidentiality standard. b. Stealing from your employer is a violation of the integrity standard. c. Skipping continuing education sessions could violate the requirement to maintain professional...
What are the four ethical standards in the Institute of Management Accountants' Statement of Ethical Professional...
What are the four ethical standards in the Institute of Management Accountants' Statement of Ethical Professional Practice? Describe the meaning of each of the four standards. How does each of these standards impact planning, directing, and controlling?
How has the Institute of Management Accountants responded to the need for high standards of ethical...
How has the Institute of Management Accountants responded to the need for high standards of ethical conduct in the accounting profession? What are some of the common ethical conflicts that accountants encounter? Explain. Please give examples examples of each.
The Institute of Management Accountants (IMA) Statement of Professional Practice includes all of the following standards...
The Institute of Management Accountants (IMA) Statement of Professional Practice includes all of the following standards except: A) Confidentiality. B) Commitment. C) Integrity. D) Competence.
Discuss the ethical standards for financial and managerial accounting. The IMA (Institute of Management Accountants) and...
Discuss the ethical standards for financial and managerial accounting. The IMA (Institute of Management Accountants) and The AICPA (American Institute of Certified Public Accountants) have established ethical standards. Review the ethical standards from each body. Are the standards significantly different? Similar? Do the standards have the same goal(s)
Discuss the ethical standards for financial and managerial accounting. The IMA (Institute of Management Accountants) and...
Discuss the ethical standards for financial and managerial accounting. The IMA (Institute of Management Accountants) and The AICPA (American Institute of Certified Public Accountants) have established ethical standards. Review the ethical standards from each body. Are the standards significantly different? Similar? Do the standards have the same goal(s)
Listed below are selected Rules of Conduct and ethical problems. Match the rule with the problem...
Listed below are selected Rules of Conduct and ethical problems. Match the rule with the problem to which it applies. (One Rule of Conduct may apply to more than one ethical problem.) Rules A. Independence B. Integrity and objectivity C. General standards D. Compliance with standards E. Accounting principles F. Contingent fees G. Acts discreditable H. Advertising and other forms of solicitation I. Commissions and referral fees J. Form or practice and name Rules An audit client owes the CPA...
Which of the following is not an indication of competence under the Standards of Ethical Conduct?...
Which of the following is not an indication of competence under the Standards of Ethical Conduct? Multiple Choice Perform professional duties in accordance with relevant laws, regulations and technical standards. Provide decision support information and recommendations that are accurate, clear, concise and timely. Keep information confidential except when disclosure is authorized or legally required. Maintain an appropriate level of professional expertise by continually developing knowledge and skills.
1. The management process is defined by a. Planning b. Controlling c. Decision making d. All...
1. The management process is defined by a. Planning b. Controlling c. Decision making d. All of the above e. None of the above 2. The organization that controls the certification of management accountants is the a. FASB b. SEC c. IMA d. AICPA e. None of the above 3. One of the differences between managerial and financial accounting is a. Financial accounting is oriented towards internal users b. Managerial accounting has to follow GAAS c. Managerial accounting is oriented...
The Institute of Management Accountants' Statement of Ethical Professional Practice requires managerial accountants to meet standards regarding competence, confidentiality, integrity, and credibility. Consider the following situations. Which standard(s) is(are) violated in each situation? (Click the icon to view the situations.) a. Providing earnings information to your brother before it is publicly announced violates the confidentiality standard. b. Stealing from your employer is a violation of the integrity standard. c. Skipping continuing education sessions could violate the requirement to maintain professional...
What are the four ethical standards in the Institute of Management Accountants' Statement of Ethical Professional Practice? Describe the meaning of each of the four standards. How does each of these standards impact planning, directing, and controlling?
Listed below are selected Rules of Conduct and ethical problems. Match the rule with the problem to which it applies. (One Rule of Conduct may apply to more than one ethical problem.) Rules A. Independence B. Integrity and objectivity C. General standards D. Compliance with standards E. Accounting principles F. Contingent fees G. Acts discreditable H. Advertising and other forms of solicitation I. Commissions and referral fees J. Form or practice and name Rules An audit client owes the CPA...
Which of the following is not an indication of competence under the Standards of Ethical Conduct? Multiple Choice Perform professional duties in accordance with relevant laws, regulations and technical standards. Provide decision support information and recommendations that are accurate, clear, concise and timely. Keep information confidential except when disclosure is authorized or legally required. Maintain an appropriate level of professional expertise by continually developing knowledge and skills.
1. The management process is defined by a. Planning b. Controlling c. Decision making d. All of the above e. None of the above 2. The organization that controls the certification of management accountants is the a. FASB b. SEC c. IMA d. AICPA e. None of the above 3. One of the differences between managerial and financial accounting is a. Financial accounting is oriented towards internal users b. Managerial accounting has to follow GAAS c. Managerial accounting is oriented...
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