The Institute of Management Accountants (IMA) and Many Other Professional

question 148

Essay

The Institute of Management Accountants (IMA) and many other professional organizations have a code of conduct to direct the membership's ethical behavior.The IMA standards include competence, confidentiality, integrity, and credibility.For each standard, give a situation in which the code of conduct will help a management accounting in his or her decision making.

Understand the best practices and preparation for successful supplier visits.

Recognize the importance and scope of supplier development initiatives.

Grasp the concepts and implications of requests for information (RFI), quotations (RFQ), and proposals (RFP) in supplier selection processes.

Comprehend the use of portfolio or quadrant analysis in developing supply strategies.

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Definitions:

Array Type

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Tag

A label or identifier used to mark or distinguish data, components, or elements in a system for easier recognition and processing.

Data Type

A classification identifying the type of data that can be held and manipulated within a programming environment, such as integer, float, string, etc.

Tag Description

A brief explanation or identification of data, components, or elements in a programming or system environment, used to facilitate understanding or manipulation.