The ethical standards for management accountants state that accountants are obligated to maintain professional competence at all times when dealing with
A) people outside the company.
B) regulatory bodies.
C) the world marketplace.
D) people and resources of one's own company, outside entities, and the world marketplace.

Question

Quizplus · Accepted Answer

The ethical standards for management accountants require them to maintain professional competence when dealing with people and resources of their own company, outside entities, and the world marketplace. This ensures that they have the necessary knowledge, skills, and expertise to carry out their professional duties in a competent and effective manner. The obligation to maintain professional competence applies to all aspects of management accounting, including financial reporting, performance management, and strategic planning.

The Ethical Standards for Management Accountants State That Accountants Are