Question: The IMAs Statement of Ethical Professional Practice can be applied to more than just managerial accounting. They are also relevant to college students. Requirement 1.

The IMA’s Statement of Ethical Professional Practice can be applied to more than just managerial accounting. They are also relevant to college students.

Requirement

1. Explain at least one situation that shows how each IMA standard in Exhibit 16-3 is relevant to your experiences as a student. For example, the ethical standard of competence would suggest not cutting classes!

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