Which of the Following Is Not a Duty of a Management

question 83

Multiple Choice

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

• A)Mitigate actual conflict of interest.
• B)Refrain from engaging in any conduct that would prejudice carrying out duties ethically.
• C)Properly exercise authority.
• D)Abstain from engaging in or supporting any activity that might discredit the profession.

---

Definitions:

Direct Labor-Hours

The total hours of labor directly involved in the manufacturing process, crucial for calculating labor costs and production efficiency.

Direct Materials Cost

The cost of raw materials that can be directly attributed to the production of goods.

Activity-Based Costing

A costing methodology that assigns overhead and indirect costs to specific products or projects based on their consumption of resources.

Direct Labor-Hours

The total hours worked directly on manufacturing a product or providing a service.