Question

The IMA suggests​ that, when faced with an ethical​ dilemma, the first thing management accountants should do is call the​ IMA's ethics hotline to report the unethical behavior.

a. True
b. False

Answer 1

Answer:

False

Explanation:

Ethical dilemma is a situation where one is faced  and has to decide on choosing between two-conflicting moral issues. Since ethical dilemma is present in all professions, Institute of Management Accountant provided a guideline which management accountants can follow to resolve the ethical dilemma. According to Institute of Management Accountant`s ethics guideline, the first thing management accountants should do when faced with ethical dilemma is to follow established policies of  their organisations, not calling the IMA`s ethics hotline to report the unethical behavior. If the established policies in the organisation are not strong enough to resolve the issue,  management accountants should inform their immediate supervisor.  It`s after these two steps fail, that they can call the IMA`s ethics the issue.

So calling the IMA`s ethics hotline is  not the first thing to do. Consequently, the answer is false.