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Chapter 1 Introduction to Managerial Accounting




Question;101) The IMA's overarching ethical;principles include: Honesty, Fairness, Objectivity, and Responsibility.;102) The IMA suggests that, when faced with;an ethical dilemma, the first thing management accountants should do is call;the IMA's ethics hotline.;103) To resolve ethical dilemmas, the IMA;suggests that management accountants should first;A) consult an attorney.;B) call the IMA "Ethics;Hotline".;C) follow their company's established;policies for reporting unethical behavior.;D) discuss the unethical situation with;their immediate supervisor.;104) Which of the following is not;one of the IMA's overarching ethical principles?;A) Fairness;B) Responsibility;C) Honesty;D) Creativity;105) The standards in the IMA Statement of;Ethical Professional Practice include;A) Competence, Confidentiality, Integrity;and Credibility.;B) Competence, Objectivity, Credibility;and Honesty.;C) Competence, Confidence, Integrity, and;Credibility.;D) Competence, Confidentiality, Integrity;and Objectivity.;106) All of the following are overarching;principles in the IMA Statement of Ethical Professional Practice except;A) responsibility.;B) objectivity.;C) integrity.;D) fairness.;107) The standards of the IMA Statement of;Ethical Professional Practice include which of the following?;A) Objectivity;B) Fairness;C) Honesty;D) Integrity


Paper#54920 | Written in 18-Jul-2015

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