The standards of ethical conduct for management accountants include
A) competence and performance.
B) integrity and respect for others.
C) confidentiality, confidence, integrity, and observance.
D) competence, confidentiality, integrity, and credibility.

Question

Quizplus · Accepted Answer

The four standards of ethical conduct for management accountants are competence, confidentiality, integrity, and credibility. Choice A includes only two of the four standards, while choice B includes only two of the four but also includes an additional standard of respect for others. Choice C includes four standards, but "confidence" appears to be a duplicate of "confidentiality," and there is no standard of "observance." Therefore, D is the best choice as it includes all four of the correct ethical standards.

The Standards of Ethical Conduct for Management Accountants Include