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The Institute of Management Accountants (IMA) and Many Other Professional

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Essay

The Institute of Management Accountants (IMA) and many other professional organizations have a code of conduct to direct the membership's ethical behavior.The IMA standards include competence, confidentiality, integrity, and credibility.For each standard, give a situation in which the code of conduct will help a management accounting in his or her decision making.


Definitions:

Dissolved Oxygen

The amount of oxygen gas dissolved in water, essential for the respiration of aquatic life.

Sewage Treatment

A process of removing contaminants from wastewater, primarily from household sewage, to produce an effluent that is suitable for discharge or reuse.

Toxic Chemicals

Substances that cause harm to living organisms through chemical reactions or other processes.

Oxygen Requirements

The specific amount of oxygen needed by organisms to sustain their life processes.

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