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Ul Live Strea Inutes, 33 seconds Question Completion Status: QUESTION 1 The IMA's Statement of Ethical...

Question

Ul Live Strea Inutes, 33 seconds Question Completion Status: QUESTION 1 The IMA's Statement of Ethical...

ul Live Strea Inutes, 33 seconds Question Completion Status: QUESTION 1 The IMAs Statement of Ethical Professional Practice includes all of the following standards except O Confidentiality O Integrity Independence Competence QUESTION 2 Overhead in more likely to be over-applied if (select one): e 1.Control over actual overhead costs is poor. O 2. The actual amount of the overhead allocation base (like labor hours) is more than estimated QUESTION 3 Select the appropriate classification of quality cost for each activity. A prevenson - Testing & Inspection of incoming raw materials -Quality Improvement Projects C external falure Warranty Repairs QUESTION 4 Jones Company had the following inventory balances for the manth of Apri Click Save and Submit to save and submit. Click Save All Answers to save all ansuers rch
ul Live Strea Inutes, 33 seconds Question Completion Status: QUESTION 1 The IMA's Statement of Ethical Professional Practice includes all of the following standards except O Confidentiality O Integrity Independence Competence QUESTION 2 Overhead in more likely to be over-applied if (select one): e 1.Control over actual overhead costs is poor. O 2. The actual amount of the overhead allocation base (like labor hours) is more than estimated QUESTION 3 Select the appropriate classification of quality cost for each activity. A prevenson - Testing & Inspection of incoming raw materials -Quality Improvement Projects C external falure Warranty Repairs QUESTION 4 Jones Company had the following inventory balances for the manth of Apri Click Save and Submit to save and submit. Click Save All Answers to save all ansuers rch

Answers

Option-(c): Independence IMA stands for Institute of Management Accounting IMAs overarching ethical principles include Honesty, Fairness, Objectivity, and Responsibility; IMAs standards include Competence, Confidentiality, Integrity, Credibility but not Independence as a separate standard. In other words, independence is an obvious result of Integrity standard and so it is not separately given as standard in IMA.


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