Question

The IMA standard that includes disclosing all relevant information that could reasonably be expected to influence an intended user’s understanding of the reports, analyses, or recommendations is ________.

Answer 1

Answer:

Credibility.

Explanation:

The IMA or institute of management and accounting is one of the largest and most respected group or association of accountants and other financial professionals in the business industry, with the collaborative intent to advance and promote the management and accounting profession.

All members of the association obligatorily adhere to four principles. They are, honesty, fairness, objectivity and responsibility. And they also follow four IMA standards, which are credibility, competence, integrity and confidentiality.

The credibility standard includes disclosing all relevant information that could reasonably be expected to influence an intended user's understanding of the reports, analyses or recommendation.