Which of the following is an example of the IMA's competence standard?
A)Provide decision support that is accurate, clear, concise and timely.
B)Keep information confidential, except when disclosure is legally required.
C)Communicate information fairly and objectively.
D)Abstain from engaging in or supporting any activity that might discredit the profession.

Question

Quizplus · Accepted Answer

Providing accurate, clear, and timely decision support is an example of the IMA's competence standard, which requires management accountants to possess the knowledge, skills, and abilities necessary to perform their jobs effectively and ethically. This standard emphasizes the importance of maintaining professional competence and continuous learning to stay current with changes in technology, regulations, and best practices. B, C and D are examples of other IMA ethical standards, but they do not relate specifically to competence.

Which of the Following Is an Example of the IMA's