As a Certified Management Accountant,Suzanne is bound by the standards of ethical conduct issued by the Institute of Management Accountants.During the course of business,Suzanne learned that her company has decided to discontinue a major product line.If she mentions this fact to her brother,who is a stockbroker,Suzanne could be in violation of the:
A) competence standard.
B) confidentiality standard.
C) integrity standard.
D) objectivity standard.

Question

Quizplus · Accepted Answer

Suzanne would be violating the confidentiality standard by disclosing non-public information about her company's decision to discontinue a major product line to her brother, who is a stockbroker. This standard requires management accountants to not reveal confidential information obtained as a result of their professional activities except when authorized or legally required to do so.

As a Certified Management Accountant,Suzanne Is Bound by the Standards