CIMA BA4 · Chapter 2 · Question 3 of 10
Which fundamental principle is breached when a management accountant allows a close friendship with a supplier to bias her recommendation on which supplier to use?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) Objectivity
Explanation
Objectivity requires that a member does not allow bias, conflict of interest or the undue influence of others to override professional judgement. Allowing a friendship to bias a recommendation is a clear failure of objectivity. The other principles concern secrecy of information, competence and reputation of the profession.
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