As a Certified Management Accountant, Grace is bound by the standards of ethical conduct issued by the Institute of Management A

Question

3 years ago

6

As a Certified Management Accountant, Grace is bound by the standards of ethical conduct issued by the Institute of Management A

ccountants. If she accepts an expensive gift from a vendor trying to win a contract with her firm, which of the following standards will she violate?
A.Integrity
b. Confidentiality
C.Competence
D.Objectivity

Business

1 answer:

kiruha [24] · Answer 1 · 2022-05-11T23:10:02+03:00

kiruha [24]3 years ago

6 0

Answer: A. Integrity

Explanation:

The code of ethical conduct by the Professional Accounting body disallows Accountant from collecting or giving gifts as this will be cloud there sense of professional judgement.