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WorksheetsQuiz Management Accounting
Total questions: 10
Worksheet time: 22mins
The statements below is the resolution of ethical conflict based on IMA code ethic of management accountants, EXCEPT...
Follow established policies
Clarify issues in a confidental discussion with an objective advisor
Consult a Doctor to legal obligations
The last resort is to resign
What is 5 asprects of IMA code ethics for management accountant?
Competence, confidentiality, integrity, subjectivity, resolution of ethical conflicts
Competence, Transparancy, integrity, objectivity, resolution of ethical conflicts
Competence, confidentiality, integrity, objectivity, resolution of ethical conflicts
Incompetence, confidentiality, integrity, objectivity, resolution of ethical conflicts
Below is the characteristics of management accounting, EXCEPT...
Emphasis on precision
Future emphasis
Focuses on segments of an organization
Emphasis on relevance for planning and control
Below is the factors that increase the need of management accounting, EXCEPT...
Regulatory environment
Increase emphasis on profitability
World wide competition
Rapid development and implementation of technology
What is the meaning of objectivity based on IMA code of ethics?
Communicate informations fairly and disclose all information that might be useful to management
Communicate informations fairly and don't disclose all information that might be useful to management
Communicate informations slowly and disclose all information that might be useful to management
Communicate informations fastly and disclose all information that might be useful to management
The chief accountant of an organization with responsibility for financial planing and analysis, cost control and financial reporting is the explanation of...
An accountant
A treasurer
A president director
A controller
Do not subvert organization's legitimate objectives is the characteristics of ...... Based on IMA code of ethics.
Integrity
Competence
Confidentiality
Objectivity
Refrain the activity that could discredit the profession is the characteristics of ..... Based on IMA code of ethics.
Integrity
Objectivity
Confidentiality
Competence
Ensure thats the subordinates do not disclose confidential information is the characteristics of ..... Based on IMA code of ethics.
Integrity
Objectivity
Confidentiality
Competence
Follows applicable laws, regulations, and standards is the characteristics of ..... Based on IMA code of ethics.
Integrity
Competence
Confidentiality
Objectivity
