Tom Is the New Accounting Supervisor at Maryland Distributors

question 80

Multiple Choice

Tom is the new accounting supervisor at Maryland Distributors. Tom requires all accountants to join the IMA and Tom expects all accountants to commit to ethical professional practice. Tom is asked to review the previous quarter audit reports that were completed by the CPA firm. Tom reviews the reports and he discovers that an accountant in the sales division did not participate in continuing education as required. According to the IMA Statement of Ethical Professional Practice, which of the following did the accountant violate when the accountant did not participate in continuing education requirements?

• A)Competence
• B)Confidentiality
• C)Integrity
• D)Credibility
• E)Leadership

Understand the basics of economic questions (What, How, For Whom) that every economy must answer.

Evaluate economic decisions using the concept of true value and economic perspectives.

Interpret the law of comparative advantage and its implications for trade.

Explain how specialization and exchange can lead to increased economic efficiency.

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Definitions:

Vagus

A cranial nerve that interfaces with the parasympathetic control of the heart, lungs, and digestive tract.

Taste

A sense that detects flavors in substances, primarily recognized via taste buds on the tongue.

Chemical Stimulus

A type of stimulus involving chemicals that can initiate a biological response in an organism or cell.

Olfactory

Relating to the sense of smell or the organs of smell.