According to the IMA Statement of Ethical Professional Practice, What

question 14

Multiple Choice

According to the IMA Statement of Ethical Professional Practice, what should a management accountant do if a significant ethical situation can't be resolved?

• A)The accountant should confront the guilty party and demand the unethical action be stopped.
• B)The accountant should try to rationalize and understand the position of the other party.
• C)The accountant should say nothing about the matter until he or she has retired.
• D)The accountant should first discuss the matter with the immediate supervisor.

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Definitions:

Accommodation

In cognitive psychology, the process by which an individual adjusts their pre-existing schemas or ways of thinking in response to new information or experiences.

Piaget

Swiss psychologist Jean Piaget, known for his pioneering work in the study of cognitive development in children.

Observational Learning

A learning process through observing and imitating others' behaviors, actions, or outcomes.

Dessert

Dessert is a course that concludes a meal; it typically consists of sweet foods, such as confections, or possibly a beverage like dessert wine or liqueur.