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Chapter 1: Introduction to Managerial Accounting




Question;1.4-9 To resolve ethical dilemmas, the IMA;suggests that management accountants should FIRST;A. follow;their company?s established policies for Reporting unethical behavior.;B. discuss;the unethical situation with their immediate supervisor.;C. consult;an attorney.;D. call;the IMA ?Ethics Hotline?.;1.4-10 Which;of the following is NOT one of the IMA?s overarching ethical principles?;A. Honesty;B. Fairness;C. Creativity;D. Responsibility;1.4-11 The;standards in the IMA Statement of Ethical Professional Practice include;A. Competence;Confidentiality, Integrity, and Objectivity.;B. Competence;Confidence, Integrity, and Credibility.;C. Competence;Objectivity, Credibility, and Honesty.;D. Competence;Confidentiality, Integrity, and Credibility.;1.4-12 The;overarching principles in the IMA Statement of Ethical Professional Practice;include all of the;following EXCEPT;A. fairness.;B. integrity.;C. objectivity.;D. responsibility.;1.4-13 The;standards of the IMA Statement of Ethical Professional Practice include which;of the following?;A. Integrity;B. Honesty;C. Fairness;D. Objectivity;1.4-14 Preparing;financial statements in accordance with GAAP is an example of;A. competence.;B. integrity.;C. objectivity.;D. credibility.;1.4-15 Communicating;information fairly and objectively represents what ethical standard?;A. Competence;B. Confidentiality;C. Credibility;D. Integrity;1.4-16 Performing;duties in accordance with relevant laws, regulations, and technical standards;make up which IMA professional ethics standard?;A. Competence;B. Confidentiality;C. Credibility;D. Integrity


Paper#54949 | Written in 18-Jul-2015

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