Read the following ethical situations below and answer the questions that follow. i. John applies for a job and enhances his CV by indicating he obtained first time passes in all his examinations, although he actually failed three exams at the first attempt. ii. Betty is the management accountant in a firm and is paid a bonus based on the profits of the firm. During accounts preparations, Betty notices an error in the inventory calculation which has the effect of overstating profits. Betty decides to take no action as this would decrease the bonus payable. Required: For each of the situations above: a. Identify and explain the ethical threat to the professional. (8 marks) b. Discuss the ethical safeguard available to overcome that threat. (8 marks)