{"id":209072,"date":"2025-04-28T10:38:03","date_gmt":"2025-04-28T10:38:03","guid":{"rendered":"https:\/\/learnexams.com\/blog\/?p=209072"},"modified":"2025-04-28T10:38:04","modified_gmt":"2025-04-28T10:38:04","slug":"performing-duties-in-accordance-with-relevant-laws-regulations-and-technical-standards-make-up-which-ima-professional-ethics-standard","status":"publish","type":"post","link":"https:\/\/www.learnexams.com\/blog\/2025\/04\/28\/performing-duties-in-accordance-with-relevant-laws-regulations-and-technical-standards-make-up-which-ima-professional-ethics-standard\/","title":{"rendered":"Performing duties in accordance with relevant laws, regulations, and technical standards make up which IMA professional ethics standard"},"content":{"rendered":"\n<p>Performing duties in accordance with relevant laws, regulations, and technical standards make up which IMA professional ethics standard?<\/p>\n\n\n\n<p>A. Competence<br>B. Confidentiality<br>C. Credibility<br>D. Integrity<\/p>\n\n\n\n<p><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-ast-global-color-6-color\"><strong>The correct answer and explanation is :<\/strong><\/mark><\/p>\n\n\n\n<p>The correct answer is <strong>D. Integrity<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Explanation:<\/h3>\n\n\n\n<p>In the context of the Institute of Management Accountants (IMA) professional ethics standards, the principle that involves performing duties in accordance with relevant laws, regulations, and technical standards is categorized under <strong>Integrity<\/strong>.<\/p>\n\n\n\n<p><strong>Integrity<\/strong> is one of the core ethical standards outlined by the IMA. It refers to the obligation of accounting and finance professionals to act honestly, ethically, and transparently in all situations. A key aspect of integrity is ensuring that professionals avoid any conduct that could be perceived as misleading or unethical. This includes not only following legal and regulatory requirements but also adhering to the technical standards relevant to their profession.<\/p>\n\n\n\n<p>When professionals act with integrity, they ensure that their decisions and actions are in line with ethical and professional guidelines, which include compliance with laws, regulations, and other relevant standards. By upholding integrity, professionals maintain the trust and confidence of their colleagues, clients, and the public. Violations of integrity, such as neglecting legal requirements or failing to follow technical standards, can undermine the professional&#8217;s credibility and the integrity of the profession itself.<\/p>\n\n\n\n<p>In contrast to other ethical principles:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Competence (A)<\/strong> involves maintaining and developing the knowledge and skills necessary to perform duties effectively.<\/li>\n\n\n\n<li><strong>Confidentiality (B)<\/strong> pertains to the obligation to protect sensitive information acquired in the course of work.<\/li>\n\n\n\n<li><strong>Credibility (C)<\/strong> involves being transparent and objective in reporting information, making sure it is accurate and reliable.<\/li>\n<\/ul>\n\n\n\n<p>In summary, <strong>Integrity<\/strong> ensures that professionals act ethically and adhere to legal and regulatory standards, safeguarding their reputation and the ethical standing of their profession.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Performing duties in accordance with relevant laws, regulations, and technical standards make up which IMA professional ethics standard? A. CompetenceB. ConfidentialityC. CredibilityD. Integrity The correct answer and explanation is : The correct answer is D. Integrity. Explanation: In the context of the Institute of Management Accountants (IMA) professional ethics standards, the principle that involves performing [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[25],"tags":[],"class_list":["post-209072","post","type-post","status-publish","format-standard","hentry","category-exams-certification"],"_links":{"self":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts\/209072","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/comments?post=209072"}],"version-history":[{"count":0,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts\/209072\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/media?parent=209072"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/categories?post=209072"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/tags?post=209072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}