Which of the Following Statements Is True Regarding the Ethical

question 51

Multiple Choice

Which of the following statements is true regarding the ethical standards of management accountants?

• A) Management accountants are not obligated to develop their knowledge and skills beyond the level they had when they sought employment with the company.
• B) Management accountants are not responsible for monitoring their subordinates to ensure maintenance of confidentiality within the company.
• C) Management accountants are allowed privacy and are not bound to refrain from supporting activities of personal interest even when they could discredit the profession.
• D) Management accountants should refrain from relationships with individuals that could cause possible conflicts of interest.

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Definitions:

Content Theory

A theory that focuses on the specific factors that motivate an individual, examining what elements are involved in creating, sustaining, and directing behavior.

Need Theory

A motivational psychology theory that identifies certain needs as the primary drivers of human behavior.

Motivation Process

Involves the psychological forces that determine the direction of a person's behavior in an organization, a person's level of effort, and a person's level of persistence in the face of obstacles.

Achieve Objectives

The process of successfully reaching goals or targets through planned strategies and actions.