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1. As a CMA, Teresa is governed by the IMA (Institute of Management Accountants) Statement of Ethical Professional Practice. What are Teresa's ethical responsibilities under

1. As a CMA, Teresa is governed by the IMA (Institute of Management Accountants) Statement of Ethical Professional Practice. What are Teresa's ethical responsibilities under IMA's standards?

2. Describe how Teresa can follow the steps of ethical conduct resolution detailed in the IMA Statement.

3. Pat is also a CMA. Evaluate which of IMA's standards Pat may have violated. What are the repercussions of violating IMA's ethical standards?

4. Who are the stakeholders in the case?

5. Evaluate Teresa's potential responses to this ethical dilemma and the advantages and disadvantages of each.

6. If Teresa elects to escalate the situation, what safeguards are in place to protect her from repercussions in the workplace?

7. What did you learn from this case?

8. What factors would Teresa consider when deciding to become a whistleblower or investigate further?

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