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If a Management Accountant Confides to a Relative That His

Question 136

Multiple Choice

If a management accountant confides to a relative that his or her company has a confidential plan to merge with another company in the near future,the accountant has


A) not violated ethical standards.
B) violated ethical standards only if the relative owns stock in the company.
C) violated ethical standards because the relative could stand to gain personally from that information.
D) not violated ethical standards because the information was relayed to a family member only.

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