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:

Preexisting Stereotypes

Preconceived and oversimplified beliefs or ideas held about certain groups or individuals before learning more about them.

Automatic Influence

The unconscious impact of external factors on an individual's thoughts, feelings, or actions.

Unconsciously Influenced

Being affected or guided in thoughts, behaviors, or decisions by factors not within one's conscious awareness.

Self-Actualization

The execution or realization of individual capabilities and potential, seen as an intrinsic motivation or compulsion in everyone.