Tuesday, 20 October 2015

Cima F1 Exam Question No 26

Question No 26:

R, a trainee management accountant is employed by JH. R has prepared the draft annual
financial statements for JH and presented them to JH’s Chief Executive prior to the executive
board meeting. The Chief Executive has told R that the profit reported in the financial
statements is too low and must be increased by $500,000 before the financial statements can
be approved by the executive board.
Which ONE of the threats listed below would apply to R in this situation, according to the
CIMA code of ethics for professional accountants?

Advocacy threat
Self-review threat
Intimidation threat
Self-interest threat

Answer: C

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