According to the IMA Code of Ethics, what should a management accountant do if a significant ethical situation can't be resolved?
A) The accountant should confront the guilty party and demand the unethical action be stopped.
B) The accountant should try to rationalize and understand the position of the other party.
C) The accountant should say nothing about the matter until he or she has retired.
D) The accountant should first discuss the matter with the immediate supervisor.

Question

Quizplus · Accepted Answer

The IMA Code of Ethics suggests that if a significant ethical issue cannot be resolved, the management accountant should first discuss the matter with their immediate supervisor, unless it is clear that the supervisor is involved. If the issue remains unresolved, further steps may include escalating the issue within the organization or seeking guidance from an IMA Ethics Counselor.

According to the IMA Code of Ethics, What Should a Management