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Chapter 1: Introduction to Managerial Accounting

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Question;1.4-24 An;example of the IMA?s competence standard is to;A. abstain from engaging in or supporting any;activity that might discredit the profession.;B. communicate information fairly and;objectively.;C. keep information confidential, except when;disclosure is legally required.;D. provide decision support that is accurate;clear, concise and timely.;1.4-25 An;example of the IMA?s credibility standard is to;A. abstain from engaging in or supporting any;activity that might discredit the profession.;B. communicate information fairly and;objectively.;C. keep information confidential except when;disclosure is legally required.;D. provide decision support that is accurate;clear, concise and timely.;1.4-26 An;example of the IMA?s integrity standard is to;A. abstain from engaging in or supporting any;activity that might discredit the profession.;B. communicate information fairly and;objectively.;C. keep information confidential except when;disclosure is legally required.;D. provide decision support that is accurate;clear, concise and timely.;1.4-27 An;example of the IMA?s confidentiality standard is to;A. abstain from engaging in or supporting any;activity that might discredit the profession.;B. communicate information fairly and;objectively.;C. keep information confidential except when;disclosure is legally required.;D. provide decision support that is accurate;clear, concise and timely.;1.4-28 Which;of the following is NOT one of the IMA?s credibility standards?;A. To communicate information fairly and;objectively;B. To disclose all relevant information;C. To disclose deficiencies in internal control;D. All of the above are part of IMA?s;credibility standard;1.4-29 Attending;class to maintain professional knowledge is an example of which ethical;standard?;A. Competence;B. Confidentiality;C. Credibility;D. Integrity;1.4-30 Not;disclosing confidential information is an example of which ethical standard?;A. Competence;B. Confidentiality;C. Credibility;D. Integrity

 

Paper#54951 | Written in 18-Jul-2015

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