If a Management Accountant Confides to a Relative That His

question 136

Multiple Choice

If a management accountant confides to a relative that his or her company has a confidential plan to merge with another company in the near future,the accountant has

• A)not violated ethical standards.
• B)violated ethical standards only if the relative owns stock in the company.
• C)violated ethical standards because the relative could stand to gain personally from that information.
• D)not violated ethical standards because the information was relayed to a family member only.