To determine whether a particular action is professionally ethical or not, using the Institute of Management Accountants Statement of Ethical Professional Practice, it is necessary to know:

To determine whether a particular action is professionally ethical or not, using the Institute of Management Accountants Statement of Ethical Professional Practice, it is necessary to know:


A) whether the act is legal in your jurisdiction.

B) the intent and the business context of the act.

C) the amount of the fraud or theft that is involved.

D) whether the management accountant is certified.


Answer: B) the intent and the business context of the act.


Learn More :