For each of the following activities, identify what aspect of the IMA Statement is being violated. Use

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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. Sell your product’s secret formula to a competitor

b. Change how you calculate a performance measure for marketing without telling anyone

c. Fail to attend a refresher course

d. Let a friend copy your company’s budget for a school project

e. Fail to check the tax laws before completing your firm’s tax returns

f. Neglect to tell your teacher that you were given too many points on a test

g. Call your friends to let them know what was on this week’s quiz

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Managerial Accounting An Integrative Approach

ISBN: 9780999500491

2nd Edition

Authors: C J Mcnair Connoly, Kenneth Merchant

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