The Code of Conduct Adopted by the Institute of Management

question 47

Multiple Choice

The Code of Conduct adopted by the Institute of Management Accountants:

• A) Strongly encourages external whistleblowing
• B) Discourages external whistleblowing
• C) Requires its members, prior to becoming external whistleblowers, to first determine with a high degree of certainty that a violation of law has occurred
• D) Frequently has been criticized by commentators for failing to provide any guidance on when members should, or should not, be external whistleblowers

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Definitions:

Aggregate Plan

A process in operations management used to develop, analyze, and maintain a preliminary, approximate schedule of the overall operations of an organization.

Chase Strategy

A planning strategy used in production management where production rates are adjusted in response to changes in demand, aiming to match supply with demand as closely as possible.

Production Rate

The speed at which goods are manufactured within a specified time period.

Demand Rate

The rate at which goods or services are required or consumed by the market or a specific customer over a given time period.