03 Yara is a financial manager who has discovered that her company is violating environmental Regulations. If her immediate superior is involved, her appropriate action is to 1- Do nothing since she has a duty of loyalty to the organization. 2- Consult the audit committee. 3- Confront her immediate superior. 4 None of the above Justify your choice 04 A new management accountant is concerned about complying with the ethical standard of Competence in the IMAs Statement of Ethical Professional Practice. Which one of the following Is not required under the standard of competence? 1- Maintain expertise in all areas of accounting 2- Continually develop knowledge and skills. 3- Perform duties in accordance with relevant regulations and standards. 4- Provide recommendations that are accurate and timely. Justify your choice