Question

The Institute of Management Accountants' Statement of Ethical Professional Practice for management accountants includes the elements of: Competence, confidentiality, independence, and objectivity. Competence, confidentiality, integrity, and credibility. Competence, accuracy, integrity, and independence. Competence, confidentiality, integrity, and relevance.

Answer 1

Answer: Competence, confidentiality, integrity, and credibility.

Explanation:

In the activities of management accountants professionals, the four standards of ethical conduct which the Institute of Management Accountants enacted are simply confidentiality, credibility, competence, and integrity.

This therefore shows that the right option is B.