Question

QUESTION 1 (30 MARKS: 54 MINUTES) A. Mr. Razak is a successful entrepreneur who owns a construction firm. He intends to apply a government tender for constructing a new city council’s office. Recently, he went to a bank and coincidently met his ex-school mate, Mr. Amirul, who is a senior accountant at the city council office. Last Monday, they went out for a breakfast and during the meeting, Mr. Razak obtained some confidential information about the government tender from Mr. Amirul. The information is very useful for Mr. Razak in submitting his application for the government tender. REQUIRED: (a) Discuss TWO (2) ethical behaviors that might have been violated by Mr. Amirul as a senior accountant at a city council. (b) Suggest TWO (2) precautions or safety measures that Mr. Amirul should take in order to avoid such unethical behaviors discussed in (a). (c) Provide TWO (2) examples of managerial activities or decision makings that would be taken by Mr. Amirul as a senior accountant at a city council.

Answer 1

a. Ethical behaviours violated

1) Breach of duty of secrecy

2) Misuse of his higher position

b. Precautions to be taken to avoid unethical behaviour

1) One should abide by the rules and bylaws of organization.

2) One should act with in the scope of act and terms and conditions of their appointment

c. Managerial activities or Decision makings

1) As a senior accountant, While receiving the applications for tenders he should verify the viability of the financial figures mentioned in that.

2) As he is the senior most, He should concentrate on that tender which quote lowest price at the same quality of the work can not be forgotten