Required:1. Marge Atkins and Pete Granger have described the use of budgetary slack.a. Explain why Marge and Pete behave in this manner and describe the benefits they expect to realize from the use of budgetary slack.b. Explain how the use of budgetary slack can adversely affect Marge and Pete.2. As a management accountant Scott Ford believes that the behavior described by Marge and Pete may be unethical and that he may have an obligation not to support this behavior. By citing the specific standards of competence confidentiality integrity and/or objectivity from the ?oStandards of Ethical Conduct for Management Accountants?? (in Chapter 1) explain why the use of budgetary slack may be unethical.(CMA adapted)