Which of the following is not a duty of a management accountant under the IMA Statement of Ethical Professional Practice's competence standard?
A)Maintain an appropriate level of professional expertise by continually developing knowledge and skills.
B)Provide decision support information and recommendations that are accurate, clear, concise and timely.
C)Mitigate actual conflicts of interest.Regularly communicate with business associates to avoid apparent conflicts of interest.Advise all parties of any potential conflicts.
D)Perform professional duties in accordance with relevant laws, regulations, and technical standards.

Question

Quizplus · Accepted Answer

Mitigating conflicts of interest and regularly communicating with business associates to avoid apparent conflicts of interest is not specifically listed as a duty of a management accountant under the competence standard, although it would fall under the ethical standard of integrity. A, B, and D are all listed as duties under the competence standard.

Which of the Following Is Not a Duty of a Management