As a Certified Management Accountant, Derek is bound by the standards of ethical conduct issued by the Institute of Management Accountants. According to the standards, Derek has a responsibility to:
A. inform subordinates that they should protect confidential information.
B. inform subordinates that they should protect confidential information and monitor the activities of subordinates to assure that confidentiality is maintained.
C. monitor the activities of subordinates to assure that confidentiality is maintained.
D. ensure that financial accounting records are maintained as per the governing guidelines.
Answer: B
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