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

Question

Quizplus · Accepted Answer

While the IMA does offer an ethics hotline as a resource, it is not necessarily the first step that management accountants should take. The IMA's Statement of Ethical Professional Practice advises accountants to "discuss the problem with an objective advisor to obtain a better understanding of possible courses of action" before making a decision. This could include consulting with colleagues, superiors, or other professional resources before reaching out to the ethics hotline.

The IMA Suggests That, When Faced with an Ethical Dilemma