The objectivity standards of management accountants state that management accountants must communicate information fairly and objectively. This means essentially that accountants must perform each task
a. as professionals, possessing the degree of skill of those management accountants who held the position before them.
b. to provide relevant information, both positive and negative, to the recipients of their reports.
c. in conformity with generally accepted accounting principles.
d. to the satisfaction of government regulators.
B
You might also like to view...
The supplementary schedule of cost of goods sold is unique to a manufacturing company
a. True b. False Indicate whether the statement is true or false
Which of the following conditions is typical of consumer products and services?
A) The product is premium priced. B) The product is standardized. C) The product line has a high contribution margin. D) The product or service has a small market share.
The text describes ________ as science and psychology brought together as a promise.
Fill in the blank(s) with the appropriate word(s).
A legitimate seniority system is legal even if it perpetrates past discrimination
a. True b. False Indicate whether the statement is true or false