2-A.

2-B.

Scott Bestor is an accountant for Westfield Company. Early this year, Scott made a highly favorable projection of sales and profits over the next three years for Westfield's hot-selling computer PLEX. As a result of the projections Scott presented to senior management, the company decided to expand production in this area. This decision led to dislocations of some plant personnel who were reassigned to one of the company's newer plants in another state. However, no one was fired, and in fact the company expanded its workforce slightly. Unfortunately, Scott rechecked his projection computations a few months later and found that he had made an error that would have reduced his projections substantially. Luckily, sales of PLEX have exceeded projections so far, and management is satisfied with its decision. A few days later, however, Scott's manager asked him if he had reviewed his calculations and if he had found any errors. If Scott confesses the error, he could jeopardize his possible promotion. He knows that his manager will never review the calculations and find the error. If Scott says he did not make an error, which of the following standards of conduct as outlined in the IMA Statement of Ethical Professional Practice is most clearly being compromised? Confidentiality Integrity Credibility Objectivity What is one way in which the management team of an organization can help mitigate and offset the opportunity aspect of the fraud triangle, to help prevent unethical and fraudulent behavior? Setting up an ethics hotline, or an online ethics portal for employees to submit anonymous complaints, will help reduce the opportunity for fraud. A definitive way to help reduce the opportunity for unethical behavior is to institute mandatory ethics training for all employees throughout the organization. Trying to prevent or offset the opportunity aspect of the fraud triangle is virtually impossible, so most firm do not even try to do anything to correct this issue. A company could establish segregation of duties, so that employees who handle assets do not also have control of the records over those assets