For each of the situations listed, identify the primary standard from the IMA Statement of Ethical Professional Practice that is violated (competence, confidentiality, objectivity, or credibility).
1. When out with friends, Louise complains loudly about the budgeting process at her company. She feels the budgeting process is overly precise. She illustrates her point with specific numbers from the budget.
2. Allan is caught on video as he brags about illegally downloading software that he feels is overpriced. The video is uploaded to YouTube.
3. Jake, an accountant for Snow Films Company, builds some slack into the budget for the Human Resources (HR) Department so that the targets are easier to achieve. Jake is dating the manager of the HR Department.
4. Pearl is the controller for Cloudy Fork Gardens. When she prepares the budgets for the upcoming year for upper management, she realizes that her department has higher costs than any other department. She aggregates the numbers with some other departments so that it is not obvious that her department is overspending.
5. Alfredo knows that the laws concerning credit and debit card fees have changed in the past year but does not know what the changes are specifically. He does not investigate before preparing the cash budget.