Which of the following statements regarding the competence of an accountant is true? The accountant must: Select one: a. Not breach the trust of clients and employers. b. Strive continually to improve technical services and keep knowledge up-to-date. c. At all times safeguard the interest of the clients and employers, provided it does not conflict with their duty to the community. d. Not disclose information acquired in the course of professional work, except where there is a legal or professional duty to disclose.
Which of the following statements regarding the competence of an accountant is true? The accountant must: Select one: a. Not breach the trust of clients and employers. b. Strive continually to improve technical services and keep knowledge up-to-date. c. At all times safeguard the interest of the clients and employers, provided it does not conflict with their duty to the community. d. Not disclose information acquired in the course of professional work, except where there is a legal or professional duty to disclose.
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter13: Emerging Topics In Managerial Accounting
Section: Chapter Questions
Problem 19MCQ
Related questions
Question
Which of the following statements regarding the competence of an accountant is true? The accountant must:
Select one:
a. Not breach the trust of clients and employers.
b. Strive continually to improve technical services and keep knowledge up-to-date.
c. At all times safeguard the interest of the clients and employers, provided it does not conflict with their duty to the community.
d. Not disclose information acquired in the course of professional work, except where there is a legal or professional duty to disclose.
Question 31
Question text
Which of the following is an example of Direct Material?
Select one:
a. Fabric used for T-shirt production.
b. Replacing the main door of the factory.
c. Cleaning chemical for all products in the factory
d. Grease used for the maintenance of machine.
Question 32
Indirect labor is a part of:
Select one:
a. Prime cost.
b. Period cost.
c. Conversion cost.
d. Nonmanufacturing cost.
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