Professional Ethics Quiz
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Questions and Answers

Which of the following accurately describes the weightage of the Professional Ethics topic in the CMA Part 2 exam?

  • Professional Ethics represents 15% of the CMA Part 2 exam. (correct)
  • Professional Ethics represents 20% of the CMA Part 2 exam.
  • Professional Ethics represents 25% of the CMA Part 2 exam.
  • Professional Ethics represents 10% of the CMA Part 2 exam.
  • In which arenas are professional ethics tested?

  • Ethical considerations for management accounting professionals only.
  • Business ethics only.
  • Ethical considerations for the organization only.
  • Business ethics, ethical considerations for management accounting and financial management professionals, and ethical considerations for the organization. (correct)
  • What factors influence business decision-making?

  • Abstract equations and algorithms.
  • Choices that affect real lives, livelihoods, the physical environment, and the social and economic wellbeing of others. (correct)
  • Moral and ethical dilemmas.
  • All of the above.
  • Which of the following statements is true about businesses operating in the social and political world?

    <p>Businesses operate in a world of engagement, interaction, and competition.</p> Signup and view all the answers

    What framework do businesses operate within?

    <p>A framework of moral and ethical choices.</p> Signup and view all the answers

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