It is important that management accounting follow certain ethical principle. Please specify which of the following statements regarding the competence of an accountant is true?

Select one:

a.Be free of conflicts of interest in the performance of professional duties.

b.Some other activity not listed here.

c.Do not breach the trust of clients and employers.

d.Do not disclose information acquired in the course of professional work, except where there is a legal or professional duty to disclose.

e.At all times safeguard the interest of the client and employers, provided they do not conflict with their duty to the community.

The COCO Company's cost of goods manufactured is greater than cost of goods sold. What does this mean?

Select one:

a.Finished goods inventory increased during the period.

b.Finished goods inventory decreased during the period.

c.work in process increased during the period.

d.gross margin increased from last period.

e.Some other statement not listed here.