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:

System Software

The software designed to provide a platform for other software. Examples include operating systems, computational science software, game engines, industrial automation, and software as a service applications.

Blackboard

A learning management system (LMS) or a physical surface for writing on, depending on the context.

Drawing Software

Computer programs designed to aid in the creation of digital artwork, illustrations, and graphic designs.