A month ago, you started a new job in the finance department of a successful medium sized company, Glam solutions, withestablished presence around the country. You have worked in a few companies and have reasonable experience in mostareas of accounting and finance. A few weeks in your new role, the head of procurement invited you to participate innegotiations to renew office supplies contract. The contractor happened to be one of your former employers. This isn't out ofthe ordinary $-$ you know that part of your new role is to discuss any important contract renewals with procurement to ensureyou're on the same page on budget and key contract clauses.Before the meeting, the head of procurement asks for your take on the contractor's recent financial performance and strategy.She thinks that the company might be willing to compromise on price in return for better payment terms$-$ there has been arumour that the contractor has cash flow issues and needs to get some cash into the business quickly. She reminds you thatGlam solutions will benefit from saving some money on this contract and achieving such a goal with your involvement will notgo unrecognised by the directors. You still remember details about the contractor as you participated in writing their financialstrategy several months ago.Which of the following is the greatest threat that you, as a professional accountant, should consider in deciding the bestcourse of action?aaThreat of securing a good deal for Glam SolutionsThreat of an unsuccessful contract renewalC.Threat of self$-$review &d$.$ Threat of being honest with the head of procurementThreat of conveying confidential information about your former employer