Mirabelle is an experienced analyst who has worked for the investment research arm of Clifford & Clifford, Inc. for the past 7 years. Recently, TransOmega retained Clifford & Clifford to conduct a study on possible takeover candidates in the aviation industry. Mirabelle has been given the project and two assistants to conduct the research. During their review, Mirabelle’s assistants located a research report created recently by Donaldson, a freelance analyst. Mirabelle found the report thorough, though she did not agree with many of Donaldson’s conclusions. She carried out further inquiry along those lines and modified the report with new conclusions. She showed the completed report, with proper attributions to Donaldson in places where she had used his results, to a senior partner, John Cliff of Clifford & Clifford. The report was approved and released to TransOmega. In this case,

Mirabelle is an experienced analyst who has worked for the investment research arm of Clifford & Clifford, Inc. for the past 7 years. Recently, TransOmega retained Clifford & Clifford to conduct a study on possible takeover candidates in the aviation industry. Mirabelle has been given the project and two assistants to conduct the research. During their review, Mirabelle’s assistants located a research report created recently by Donaldson, a freelance analyst. Mirabelle found the report thorough, though she did not agree with many of Donaldson’s conclusions. She carried out further inquiry along those lines and modified the report with new conclusions. She showed the completed report, with proper attributions to Donaldson in places where she had used his results, to a senior partner, John Cliff of Clifford & Clifford. The report was approved and released to TransOmega. In this case,

A. both Mirabelle and John Cliff violated the standards.

B. only Mirabelle violated the plagiarism standard by using Donaldson’s report.

C. only John Cliff violated the Standard of Reasonable Care (IVA.1) by not adequately monitoring Mirabelle.

D. neither Mirabelle nor John Cliff violated any of the standards.

Answer: D

Explanation:

Since proper care was taken at all steps, no violation has occurred. The use of Donaldson’s report is acceptable as long as proper acknowledgments are given.

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