Below are four independent scenarios, each of which might suggest issues that could involve ethical misconducts. Each of the situations below will require separate responses. (i) Mark James is the internal audit manager working at Life and Style Limited. Mark's wife is the payroll supervisor who reports to the payroll manager in charge of the department. Mark has properly disclosed his relationship about his wife and was cleared by the entity's chief human resource officer. Mark was assigned to conduct an audit of the entity's payroll department. (ii) Maurice Levy was working at Steal and Blues Limited as an internal audit senior manager in 2019. He was then transferred to head the purchasing department as a manager in March 2020. However, In January 2022, an internal audit was scheduled for the purchasing department where Maurice is currently the manager. (iii) Simon Senior the chief audit executive at Pembroke Limited stumbled on trade secret while conducting an audit of the production department. While have a discussion with his wife who is the CEO of Mainstream Limited, one of the entity's competitors, he divulged the nature of the secret. His wife later presented this information to Mainstream's board of directors. (iv) Marlon a recent BBA graduate indicated on his application for the position of internal audit manager that he has already completed all ACCA examinations. On further investigations by the HR department, it was ascertained that he only completed ACCA level two of the examination. Required: a. Briefly discuss any key ethical principles that are breached if any, in each of the situations [8 marks] b. Outline any three situations in which disclosure of confidential information is permitted [ 6 marks] c. Outline the significance of the attribute standards. d. Define financial risk in the context of 21" century organizations [2 marks] [2 marks]