A Managerial Accountant Should Not Disclose Confidential Information to an Outside

question 123

True/False

A managerial accountant should not disclose confidential information to an outside party (such as a newspaper)unless legally obligated to do so.

---

Definitions:

King George's War

The North American theater of the War of Austrian Succession (1740-1748) involving France, Britain, and Spain, characterized by battles for control over North America.

Economic Growth

An increase in the production of goods and services in an economy over a period of time, typically measured as a percentage increase in real Gross Domestic Product (GDP).

Britain's North American Colonies

The territories in North America that were under British rule until the American Declaration of Independence in 1776, which included the original thirteen colonies.

French Colonies

Territories around the world that were under French control from the 16th century onward, contributing to the spread of French culture and language.