The Objectivity Standards of Management Accountants State That Management Accountants

question 3

Multiple Choice

The objectivity standards of management accountants state that management accountants must communicate information fairly and objectively. This means essentially that accountants must perform each task

• A) as professionals, possessing the degree of skill of those management accountants who held the position before them.
• B) to provide relevant information, both positive and negative, to the recipients of their reports.
• C) in conformity with generally accepted accounting principles.
• D) to the satisfaction of government regulators.

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Definitions:

Urethra

A tube that connects the urinary bladder to the urinary orifice for the removal of fluids from the body.

Bladder

An organ that stores urine produced by the kidneys before it is excreted from the body.

Uric Acid

Nitrogen-containing waste compound derived from ammonia; it can be excreted as crystals.

Ammonia

A colorless gas with a pungent smell, consisting of nitrogen and hydrogen (NH3), used in various industrial processes.