As a Certified Management Accountant, Derek is bound by the standards of ethical conduct issued by the Institute of Management Accountants. According to the standards, Derek has a responsibility to: Multiple Choice 0 inform subordinates that they should protect confidential information and monitor the activities of subordinates to assure that confidentiality is maintained. 0 inform subordinates that they should protect confidential information. 0 ensure that financial accounting records are maintained as per the governing guidelines. 0 monitor the activities of subordinates to assure that confidentiality is maintained