Which of the Following Is Not a Duty of a Management

question 139

Multiple Choice

Which of the following is not a duty of a management accountant under the IMA Statement of Ethical Professional Practice's competence standard?

• A)Maintain an appropriate level of professional expertise by continually developing knowledge and skills.
• B)Provide decision support information and recommendations that are accurate, clear, concise and timely.
• C)Mitigate actual conflicts of interest.Regularly communicate with business associates to avoid apparent conflicts of interest.Advise all parties of any potential conflicts.
• D)Perform professional duties in accordance with relevant laws, regulations, and technical standards.

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Definitions:

Segmentation Strategy

Segmentation Strategy involves dividing a broad market into distinct subgroups of consumers with common needs or characteristics, to target them more effectively.

Butterball Turkeys

A brand known for its turkey products, including whole turkeys and turkey meats, popular in the United States especially during festive seasons.

Swift Meat Company

A historic American corporation involved in the meat packing industry, now part of JBS S.A.

Market Segment

A subgroup of individuals or organizations sharing one or more characteristics that cause them to have similar product or service needs.