ACF Company a manufacturer of shoes, is in the stage of preparing the budget for the year 2020. The managerial accountant (MA) is working on the budget. In discussion with the sales manager (SM) of the company, the MA discovers that the sales projections are lower than what the SM actually believes are achievable. When MA asks SM about this, SM says: "Well, we don't want to fall short of the sales projections so we generally give ourselves a little breathing room by lowering the initial sales projection anywhere from 5 to 10 percent" MA also finds that the production manager, makes similar adjustments. He pads budgeted costs, adding 10% to estimated costs. Required: Should the Managerial accountant take the position that the behavior described by the sales manager and the production manager in unethical? Explain using the standards of ethical conduct that are Competence, Integrity and objectivity.