The Management Accountant's Responsibility Under the Institute of Management Accountants

question 42

Multiple Choice

The management accountant's responsibility under the Institute of Management Accountants (IMA) Statement of Ethical Professional Practice includes the responsibility to "mitigate actual conflicts of interest." This responsibility fits within which of the four standards in the IMA Statement?

• A)Communication.
• B)Integrity.
• C)Honesty.
• D)Quality.
• E)Confidentiality.

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Definitions:

Solve

To find a solution or answer to a problem, especially a mathematical problem or equation.

Equivalent

A term used to describe two expressions or quantities that have the same value or mathematical property.

Equations

Mathematical statements asserting the equality of two expressions, composed of variables and constants.

Equation

An equation is a mathematical statement that asserts the equality of two expressions, typically including one or more variables.