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. Hayden is the chief accountant at Appleville Industries. Each month, Hayden prepares variance reports that are given to all department managers. The variance reports are frequently late and usually contain a few errors.

2. Miguel has just started to work at Willis 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. Miguel 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.

3. When Kiara prepares variance reports, only favorable variances are listed.

Unfavorable variances are provided only if someone specifically asks.

4. Melissa, an accountant at Youngstown Industries, and Brendan, an accountant at Goodtown Manufacturing, exchanged cost and other production data so that they would have benchmarks to use for their company reports.

5. Liam accepts an all-expenses-paid trip to Honolulu, Hawaii, from a major supplier.