Why Is Jean Perlman Not Reporting The Inventory As Obsolete

1. No, it would not be ethical for Perlman to not report the inventory as obsolete. If Perlman failed to report the inventory as obsolete, it would violate the IMA’s Statement of Ethical Professional Practice. IMA’s Statement of Ethical Professional Practice includes the standards of competence, integrity, and credibility. Competence is to prepare accurate decisions to support the information that is known. Integrity is the standard where all personnel retain from using any bias when carrying conducts. Credibility is the standard where all information should be communicated honestly and all information should be disclosed. By not reporting the inventory as obsolete, Perlman and her colleagues are violating all three major