CIMA BA4 · Chapter 2 · Question 6 of 10
A member who moves to a new employer uses detailed pricing information from his previous employer to help his new employer undercut it. Which statement is correct?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: D) He breaches confidentiality, because the duty continues after the employment relationship has ended
Explanation
The duty of confidentiality continues even after the end of a relationship between a member and a client or employer. A member may use general experience and expertise gained, but must not use or disclose confidential information acquired from a previous employer. Acting in the new employer's interest does not justify the breach.
More The CIMA Code of Ethics: fundamental principles MCQs
- Q8Which of the following is included in the principle of professional competence and due care?
- Q9A member knowingly signs off a management report that omits a material loss, although every figure that IS in the report is accurate…
- Q10Which statement best describes the 'reasonable and informed third party' test used in the CIMA Code of Ethics?
- Q1Which of the following is NOT one of the five fundamental principles in the CIMA Code of Ethics?
- Q2Which fundamental principle requires a member to be straightforward and honest in all professional and business relationships?