For each of the following activities, identify what aspect of the IMA Statement is being violated. Use
Question:
For each of the following activities, identify what aspect of the IMA Statement is being violated. Use “C” for competence, “N” for confidentiality, “O” for objectivity, and “I” for integrity. You may use more than one letter if you feel the activity affects more than one area.
a. Issue false financial statements
b. Take money for work you did not complete properly
c. Change results to make a manager look better to his or her boss
d. Agree to do a job for which you have no expertise
e. Have someone else complete your homework
f. Talk about the new products your company is making to your friends
g. Agree to develop the performance metrics for a job that will impact your own annual bonus
Step by Step Answer:
Managerial Accounting An Integrative Approach
ISBN: 9780999500491
2nd Edition
Authors: C J Mcnair Connoly, Kenneth Merchant