AC 420 AC420 Unit 1 Quiz (Kaplan University)

AC 420 Unit 1 Quiz (Kaplan University)

1. A managerial accountant who communicates information objectively is exercising which of the following standards?
2. A managerial accountant who prepares clear reports and recommendations after analyzing relevant facts is
   exercising which of the following standards?
3. Cost accounting standards
4. Which of the following U.S. legislation relates to bribes being offered to foreign officials?
5. The Foreign Corrupt Practices Act is directed at
6. The Institute of Management Accountants' Code of Ethics
7. The ethical standards established for management accountants are in the areas of
8. Which ethical standard is violated by an accountant who accepts a gift from a client
9. Which ethical standard has been violated if an accountant fails to prepare financial statements according to
   industry standards?
10. Which ethical standard is violated when an accountant uses information from a financial statement he is
    preparing to advise a relative of a stock purchase?