Which of the following actions should a management accountant take first in confronting a potential ethical conflict concerning your direct supervisor?
A)Inform the Board of Directors of the existence of a potential conflict.
B)Confront the supervisor directly.
C)Discuss the situation with your supervisor's direct supervisor.
D)Review your organization's procedures concerning resolution of such a conflict.

Question

Quizplus · Accepted Answer

Before taking any action, a management accountant should review their organization's procedures for handling potential ethical conflicts. This will help ensure that any actions taken are in line with the organization's policies and procedures. Once the procedures are understood, the management accountant can then take the appropriate action, which may include discussing the situation with their supervisor's direct supervisor or confronting the supervisor directly. Informing the Board of Directors may be necessary in extreme cases, but it should not be the first course of action.

Which of the Following Actions Should a Management Accountant Take