Ethical Challenges for Management Accountants Include

question 46

Multiple Choice

Ethical challenges for management accountants include:

• A)whether to report unfavourable department information that may result in unfavourable consequences for a friend.
• B)whether to accept gifts from suppliers,knowing it is an effort to indirectly influence decisions.
• C)whether to file a tax return this year.
• D)Both A and B are correct.

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Definitions:

Openness

A personality trait characterized by an appreciation for new experiences, creativity, and a willingness to explore ideas and values.

Agreeableness

A personality trait that reflects a person's tendency to be compassionate, cooperative, and friendly towards others.

Belief in a Just World

The assumption that actions always yield fair and just consequences, wherein good deeds are rewarded and bad deeds are punished.

Equity

The concept or principle of fairness or justice in the way people are treated and opportunities are distributed.