The IMA's Standards of Ethical (Professional) Behavior that were a subject of this course (ACT 355) include each of the following standards EXCEPT: A)Competence B)Confidentiality C)IntegrityD) Punctiality
Act of this standard include all points except:
Punctiality
This Standard include Cometence, Confidentiality, Integrity & Responsibility. Pentuality is not covered under the standard of this act.
The IMA's Standards of Ethical (Professional) Behavior that were a subject of this course (ACT 355)...
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.
The management accountant violated the IMA's code of professional ethics. Question 9 (1 point) At the end of 2XX1, sales at ABC Company totaled $5 million. Sales for the year ended 2XX2 was reported at $8 million. This number included a sale of $2.5 million, which was recorded on December 31, 2XX2, the last day of the companyiis fiscal year. On further investigation, you learned that the customer placed the order but it was not filled until January 7, 2XX3...
ul Live Strea Inutes, 33 seconds Question Completion Status: QUESTION 1 The IMA's Statement of Ethical Professional Practice includes all of the following standards except O Confidentiality O Integrity Independence Competence QUESTION 2 Overhead in more likely to be over-applied if (select one): e 1.Control over actual overhead costs is poor. O 2. The actual amount of the overhead allocation base (like labor hours) is more than estimated QUESTION 3 Select the appropriate classification of quality cost for each activity....
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.
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...
If a managerial accountant were to question the ethical behavior of a colleague, what course of action do you think the accountant should take?
1) In the case Equifax’s Data Breach, which ethical climate dominated during the data breach? Multiple Choice a. Benevolence. b. Integrity. c. Egoism. d. Team approach. 2. All of the following are considered to be ethical issues for marketing professionals except: Multiple Choice a. Fostering trust in the marketing system. b. Embracing ethical values. c. Doing no harm. d. Ignoring market fair dealing. 3. The Principles and Standards of Ethical Supply Chain Management Conduct includes the principle: Multiple Choice a.Protect...
The IMA’s Statement of Ethical Professional Practice was
designed to help finance professionals “to link ethical
perspectives directly to their ongoing workplace responsibilities.”
Unfortunately, some individuals may choose to act unethically and
perhaps cause great harm to other individuals and organizations. In
each of the following examples, determine which of the four
standards of ethical conduct has been violated. Some examples may
violate more than one standard.
a.
Douglas Faneuil was a Merrill Lynch brokerage assistant who was
involved in...
7. Ethical standards for randomized, controlled clinical trials include never testing drugs which have not been proven to be completely safe. not asking subjects to agree to participate without first informing them of the nature of the study and possible risks and benefits. ensuring that each subject knows which treatment he or she received. allowing subjects to decide whether or not to be in the control group. all of these. 8. Which of the following is not a requirement for...
Demands the professional to act according to the same principles in personal and business life Professional's obligation to subordinate own interests to needs and interests of the client Treating like things in like ways Expert knowledge a professional maintains and builds upon through continued education and experience, as well as admitting when one does not have the requisite skills Providing services in a reasonably prompt and thorough manner, using due care, and avoiding a "one size fits all" approach Not...