For each of the situations listed, identify the primary standard from the IMA Statement of Ethical Professional Practice that is violated (competence, confidentiality, integrity, or credibility.)
1. Anita does not disclose to her employer, Collins Company, that her brother is the owner of a company that is bidding on a major contract with Collins Company. Anita is on the committee that evaluates the bids and makes a recommendation about which bid to select.
2. Damon is asked to do an inventory count of a wide assortment of parts. Damon does not know how to distinguish the various parts. He guesses when he enters the quantity. He does not ask for help because he does not want to look stupid.
3. Gabriel added in sales commissions to product costs on the financial statements ­because it seemed reasonable to include those costs.
4. At a neighborhood party, Jodi talks about the upcoming bid her company is making for a county project. She shares specific cost estimates that are included in the bid.
5. Jose changed the way that manufacturing overhead is allocated to divisions on the monthly internal reports to better reflect resource usage. However, he did not note the change on any of the reports nor did he inform any managers of the change.