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Q5 Ali, a new accounting clerk at a firm that had recently terminated several employees due to Budgetary cutbacks, accidentally viewed his supervisor's biweekly paycheck.

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Q5 Ali, a new accounting clerk at a firm that had recently terminated several employees due to Budgetary cutbacks, accidentally viewed his supervisor's biweekly paycheck. Not realizing that The paycheck included an annual bonus; Ali by mistake multiplied the gross pay by 26 to find Annual earnings. Ali was amazed that his supervisor appeared to earn more than twice the local Average for employees in an accounting supervisory position. Ali discussed this situation with a Friend, a recently terminated employee of the company who now worked for a local newspaper. Because of this discussion, the supervisor's outrageous salary was made public. Which one of the Standards of the IMAs Statement of Ethical Professional Practice did Ali's actions violate? 1- Competence 2- Integrity 3- Credibility 4 Confidentiality Justify your choice Q6 At ABC Company, the controller is responsible for directing the budgeting process. In this role, The controller has significant influence with executive management as individual department Budgets are modified and approved. For the current year, the controller was instrumental in the Approval of a particular line managers budget without modification, even though significant Reductions were made to the budgets submitted by other line managers. As a token of appreciation, the line manager in question has given the controller a gift certificate for a popular local restaurant In considering whether to accept the certificate, the controller should refer to which section of IMAs Statement of Ethical Professional Practice. 1- Confidentiality 2- Competence 3- Integrity 4- Credibility Justify your choice

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