Page 213 - E1 Integrated Workbook STUDENT 2018
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Supplementary objective test questions
Which of the following ethical principles is the management accountant in
breach of? Select all that apply.
A Integrity.
B Objectivity.
C Professional competence and due care.
D Confidentiality.
E Professional Behaviour.
12 Which TWO of the following statements regarding Corporate Social
Responsibility (CSR), ethics and sustainability are correct?
A To be successful, the ethical tone within the organisation needs to come
from senior management
B Sustainability refers to a firm’s obligation to maximise its positive impact
on stakeholders while minimising the negative effects
C Management accountants have a responsibility to promote an ethical
corporate culture
D Sustainability and CSR will lead to cost savings, but only in the long-term
13 Which ONE of the following could encourage Executive Directors to
operate in the best interests of the shareholders?
They could:
A be given a high basic salary
B receive share options based on both individual and company’s
performance
C be entitled to large payment upon resignation or termination
D be asked to attend AGMs
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