Question: Question 2 (1 point) Saved A management accountant at ABC Company discloses privileged, confidential financial information at a meeting with information systems consultants who are

 Question 2 (1 point) Saved A management accountant at ABC Companydiscloses privileged, confidential financial information at a meeting with information systems consultantswho are employed by ABC Company to manage their ERP. Based onthe IMAs Statement of Ethical Professional Practice, which of the following is

Question 2 (1 point) Saved A management accountant at ABC Company discloses privileged, confidential financial information at a meeting with information systems consultants who are employed by ABC Company to manage their ERP. Based on the IMAs Statement of Ethical Professional Practice, which of the following is true with regards to the management accountants disclosures? Competence guidelines are violated. Confidentiality guidelines are violated. Objectivity guidelines are violated. None of the above. Question 3 (1 point) The actual cost per unit of inventory for ABC Company is $500. In order to lower costs compared to competitors, a management accountant of ABC Company reports a cost of $450 per unit. What standard(s) of the IMA Statement of Ethical Professional Practice would this situation violate? Competence Integrity All of the above None of the above Question 5 (1 point) Which of the following is true regarding the Confidentiality section of the IMAS Statement of Ethical Professional Practice? O Keep information confidential except when authorized. Use confidential information only for illegal advantage. Keep information confidential even during legal obligations. All of the above. Question 6 (1 point) A management accountant reports that the cost of manufacturing a product is $500 per unit. He does not report that a major vendor is currently providing the company with a rebate that is equivalent to $50 per unit. The purchasing manager has generally kept the rebate within his division to fund travel costs incurred by his staff to attend the vendors annual convention. Based on the IMAs Statement of Ethical Professional Practice standards, which of the following is true with regards to the management accountants reporting? O Integrity guideline is violated. Competence guideline is violated Credibility guideline is violated All of the above

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