The IMA Statement of Ethical Professional Practice Includes Which of the Following

question 22

Multiple Choice

The IMA Statement of Ethical Professional Practice includes which of the following components?

• A)Overarching principles that express members' values
• B)Penalties assessed for failure to follow ethical standards
• C)Types of employee misconduct
• D)Procedures to identify ethical integrity

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Definitions:

Farm Cooperative

A group of farmers who pool their resources in certain areas of activity, aiming to increase their economic power and secure their livelihoods.

Electric Power

The generation, transmission, and distribution of electricity for use in industrial, commercial, and residential settings.

Corporations

Legal entities that are separate and distinct from their owners, capable of owning property, suing and being sued.

Stockholders

Individuals or entities that own shares in a corporation, giving them partial ownership and potentially a claim on part of its profits.