Which of the following is one of the integrity standards of management accountants?
A)Refraining from accepting hospitality gifts from coworkers
B)Refraining from activities that the company does not actively endorse
C)Avoiding actual or apparent conflicts of interest
D)Avoiding only those conflicts of interest that occur between coworkers

Question

Quizplus · Accepted Answer

One of the integrity standards of management accountants is to avoid actual or apparent conflicts of interest. This means that the accountant should not engage in any activity or situation that could compromise their objectivity or create a perception of impropriety. Refraining from accepting hospitality gifts from coworkers or avoiding activities that the company does not endorse are not necessarily integrity standards, although they may be part of a company's code of conduct. Avoiding conflicts of interest that occur between coworkers only is also not a comprehensive enough standard, as conflicts of interest may arise in many other situations.

Which of the Following Is One of the Integrity Standards