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:

Reflecting

The process of thoughtfully considering one's own experiences and actions to learn from them.

Experimenting

The act of conducting tests and trials to discover, validate, or refine new methods, strategies, or products.

Self-Reinforcement

The process of awarding oneself to strengthen the likelihood of a particular behavior being repeated in the future.

Coffee Break

A short break during work or a meeting, usually for the purpose of relaxation and informal conversation.