As a Certified Management Accountant, Grace is bound by the standards of ethical conduct issued by the Institute of Management Accountants. If she accepts an expensive gift from a vendor trying to win a contract with her firm, which of the following standards will she violate?
A.Integrity
b. Confidentiality
C.Competence
D.Objectivity
The code of ethical conduct by the Professional Accounting body disallows Accountant from collecting or giving gifts as this will be cloud there sense of professional judgement.