Tyler Jones, a management accountant for Peg stone Cosmetics Company, has lunch every day with his friend Joe Blaik, who is a management accountant for Shepherd Cosmetics, Inc., a competitor of Peg stone Cosmetics. Last week, Jones couldn’t decide how to treat some information in a report he was preparing, so he discussed it with Blaik. Is Jones adhering to the ethical standards of management accountants? Defend your answer.
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