S3-15 Identify ethical standards violated (Learning Objectives 1,2,3,4,5 For each of the situations listed, identify the primary standard from the IMA State of Ethical Professional Practice that is violated (competence, confidentiality, inte credibility). Refer to Exhibit 1-7 for the complete standard. 1. Joe added in sales commissions to product costs on the financial statements beca it seemed reasonable to include those costs. 2. At a neighborhood party, Megan talks about the upcoming bid her company is mak. ing for a city project. She shares specific cost estimates that are included in the bid. 3. Justin changed the way that manufacturing overhead is allocated to divisions on the monthly internal reports to better reflect resource usage. However, he did not note the change on any of the reports, nor did he inform any managers of the change. 4. Raquel does not disclose to her employer, Alpha Company, that her brother is the owner of a company that is bidding on a major contract with Alpha Company, Raquel is on the committee that evaluates the bids and makes a recommendation for which bid to select 5. Anthony is asked to do an inventory count of a wide assortment of parts. Anthony does not know how to distinguish the various parts. He guesses when he enters the quantity. He does not ask for help because he does not want to look stupid