Question

Seria, Inc. has received a bulk order from an overseas client. As a​ result, the reported earnings of this year are expected to be significantly higher than the estimates of financial analysts.​Joshua, an accountant at​ Seria, tells this to one of his friends. Which of the IMA standards has Joshua​ violated?

A. confidentiality
B. technicality
C. objectivity
D. competence

Answer 1

Answer:

a. confidentiality

Explanation:

By the institute of management accounting (IMA) Joshua has violated the standard of confidentiality to his company which states that information should be confidential unless requested to be disclosed by legal authority.