Which of the Following Events Would NOT Be Considered Unethical

question 90

Multiple Choice

Which of the following events would NOT be considered unethical under IMA standards?

• A) A bank hired a bookkeeper to review foreclosure documents who had no training or experience in the area.
• B) An accountant was supposed to take continuing education courses but fell behind and was not current on important new developments in his industry.
• C) An accountant who had no background in internal control or finance was promoted to the position of controller.
• D) An accountant who had just successfully completed an in-house training course in management accounting made a large error in the year-end expense reports.

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Definitions:

Arithmetic Sequence

An arithmetic sequence is a sequence of numbers in which each term after the first is obtained by adding a constant difference to the preceding term.

Common Difference

The steady gap found between successive numbers in an arithmetic progression.

Common Ratio

In a geometric sequence, the consistent factor by which each term is multiplied to produce the next term.

Geometric Sequence

A geometric sequence is a sequence of numbers where each term after the first is found by multiplying the previous one by a fixed, non-zero number called the common ratio.