The IMA suggests that, when faced with an ethical dilemma, the first thing management accountants should do is call the IMA's

Question

barxatty [35]

4 years ago

7

The IMA suggests that, when faced with an ethical dilemma, the first thing management accountants should do is call the IMA's

ethics hotline to report the unethical behavior.
a. True
b. False

Business

1 answer:

SSSSS [86.1K] · Answer 1 · 2021-11-27T16:02:52+03:00

Answer:

False

Explanation:

Ethical dilemma is a situation where one is faced and has to decide on choosing between two-conflicting moral issues. Since ethical dilemma is present in all professions, Institute of Management Accountant provided a guideline which management accountants can follow to resolve the ethical dilemma. According to Institute of Management Accountant`s ethics guideline, the first thing management accountants should do when faced with ethical dilemma is to follow established policies of their organisations, not calling the IMA`s ethics hotline to report the unethical behavior. If the established policies in the organisation are not strong enough to resolve the issue, management accountants should inform their immediate supervisor. It`s after these two steps fail, that they can call the IMA`s ethics the issue.

So calling the IMA`s ethics hotline is not the first thing to do. Consequently, the answer is false.

The IMA suggests​ that, when faced with an ethical​ dilemma, the first thing management accountants should do is call the​ IMA's

The IMA suggests that, when faced with an ethical dilemma, the first thing management accountants should do is call the IMA's