There are four basic principles required by IMA ethical standards,viz.Integrity,credibility,competence and confidentiality.The objectivity expected from a management accountant is related to their obligation to communicate information correctly,objectively even if this information is not favourable to the requester or collegues.Management accountant must be incorrectable.Management accountants have the obligation not to communicate confedential information. In the given scenario, Mr.Steve must be confidential regarding the obligation entrusted upon him and should have communicate the findings correctly,objectively even if this not favourable Solution There are four basic principles required by IMA ethical standards,viz.Integrity,credibility,competence and confidentiality.The objectivity expected from a management accountant is related to their obligation to communicate information correctly,objectively even if this information is not favourable to the requester or collegues.Management accountant must be incorrectable.Management accountants have the obligation not to communicate confedential information. In the given scenario, Mr.Steve must be confidential regarding the obligation entrusted upon him and should have communicate the findings correctly,objectively even if this not favourable.