Explain the importance of having guidelines for ethical behaviour.

Select all that apply.

A$.$ Having independence is important for minimizing or eliminating the impact of others' influences. Management accountants need to provide opinions based on their own interpretation of data rather than the interpretations of other stakeholders.

B$.$ Management accountants should have total autonomy without oversight from their superiors or employers.

C$.$ Management must have confidence that the management accountants are not hiding inconvenient facts or presenting a biased view.

D$.$ Employers must have confidence that management accountants have the integrity to apply their skills appropriately and avoid being prejudiced by any conflicts of interest

E$.$ Management accountants must effectively analyze situations. The results of the analysis must be communicated to employers, regulators, or clients to ensure proper action is taken.