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.

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Definitions:

Chemicals

Substances with distinct molecular compositions used in or produced by chemical processes.

Mouths

Openings in organisms through which food intake occurs; also play key roles in communication and respiration in some species.

Legs

Limbs or appendages of an animal used for support and movement, typically found in pairs.

Ascaris Lumbricoides

A type of roundworm, or helminth, that can cause the disease ascariasis when it infects a human host's intestines.