Which of the following is not one of the overarching ethical principles of the Institute of Management Accountants (IMA) Code of Ethics?

Competence

Answer: The Principles are honesty, fairness, objectivity and Responsibility

Explanation: The Institute of Management Accountant IMA lists the codes of ethical practice which all professionals must display and which when violated may lead to disciplinary action. These are divided into Principles and Standards. The principles are honesty, fairness, objectivity and Responsibility. While the standards are competence, confidentiality, Integrity and Credibility.