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. Sarabeth, an accountant at Warren Industries, and Jay, an accountant at Sorenia Manufacturing, exchanged cost and other production data so that they would have benchmarks to use for their company reports.
2. When Sandra prepares variance reports, only favorable variances are listed. Unfavor-able variances are only provided if someone specifically asks.
3. Preston is the chief accountant at Long Industries. Each month, he prepares variance reports that are given to all department managers. The variance reports are frequently late and usually contain a few errors.
4. Devin accepts an all- expenses- paid trip to Las Vegas from a major supplier.
5. Milton has just started to work at Brady Lake Supply. In his first week, he is asked to fill in for a senior accountant who is out of the office for six weeks on maternity leave. He is asked to prepare the standard costing journal entries. Milton does not know how to do this work, but he decides to guess because he does not want to appear stupid by asking for help.