The IMA Standards of Ethical Practice Provide That Accountants Should

question 123

True/False

The IMA standards of ethical practice provide that accountants should continually develop their knowledge and skills.

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Definitions:

Due Process

A legal principle that ensures fair treatment through the normal judicial system, especially as a citizen's entitlement.

Ethical Rules

Guidelines designed to outline acceptable behaviors and actions for individuals and organizations, based on moral principles.

Unrestrained Zeal

Excessive enthusiasm or eagerness that is not limited or controlled.

Justice System

A framework of legal institutions, laws, and practices aiming to ensure fairness, resolve disputes, and punish wrongdoing.