Which of the Following Is an Example of the IMA's

question 153

Multiple Choice

Which of the following is an example of the IMA's competence standard?

• A)Provide decision support information and recommendations that is accurate, clear, concise and timely.
• B)Keep information confidential, except when disclosure is legally required.
• C)Communicate information fairly and objectively.
• D)Abstain from engaging in or supporting any activity that might discredit the profession.

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Definitions:

Shipping Container

A large, standard-sized metal box used for transport and storage of goods in international trade.

Activity Variances

The differences between actual and budgeted levels of activity, often analyzed to understand deviations in performance.

Revenue Variances

The differences between actual revenues and forecasted or budgeted revenues.

Relevant Range

The range of activity within which assumptions about variable and fixed cost behavior are valid.