Chapter 1, Problem 1.14Q

To determine

Management accounting:

Management accounting measures, analyzes, and reports both financial and non-financial information. Such information helps managers to take effective decisions in order to attain the objectives of an organization. They not only help in planning the various activities of the organization but also in evaluating performance and taking corrective measures when there is a deviation from the charted path.

To identify: The four areas in which standards of ethical conduct exist for management accountants in the United States and the organization that sets forth these standards.