If a managerial accountant were NOT keeping up with current developments in managerial accounting, that behavior might violate a competence standard of professional ethical behavior.

Question

Quizplus · Accepted Answer

The competence standard requires managerial accountants to maintain their professional knowledge and skills through ongoing education and staying up-to-date with developments in their field. Therefore, failing to keep up with current developments would be a violation of this standard.

If a Managerial Accountant Were NOT Keeping Up with Current