SECTION A

- Shortanswers

1. What is your understanding of the term ethics in the field of Accounting &
Finance? Give 2 examples.
2. Identify 3 traits and 3skills of an effective leader.

(2 Marks)
[3 Marks]

3. Which of the following is correctly formatted as per Harvard referencing

system?
[1marks]
a. Brandefelt, J. (2005) Atmospheric modes of Variability
in a changing climate system. Journal of Climate,
19(22), pp.5934-5943.
b. Griffith, T. (1945) Australia: a study of warm environments and their
effects on British Settlements. 3rd edn. London: Methuen.
c. Doolittle, W. (2005) Dendrochronology. Available at:
http://uts.cc.utexas.edu/~wd/courses/373F/notes/lec20den.html/
(Accessed: 08/06/2007).
d. Doyle, P. (2007) Sweden close to qualification after Uefa
decision, Guardian. 8 June [Online]. Available at:
http://football.guardian.co.uk/News_Story/0,,2098615,00.html
(Accessed: 08/06/2007).
4. Outline globalisation and give two (2) global trends that have an impact on the
accounting profession
[2 Marks]
5. What is a dilemma? Give 2 examples of dilemmas practioners in the
accounting and finance field may encounter

[2 Marks]

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6. What is your understanding of academic offence ? Give 2 examples.

[2 Marks]

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7. Explain 1 purpose and 1 benefit of whistle blowing

[2 Marks]

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SECTION B

- Long answers

1. Explain 2 reasons why management would decide to globalise and 2 impacts

of globalisation to accounting and finance professionals.

[4 Marks]

______________________________________________________________
______________________________________________________________
______________________________________________________________
______________________________________________________________

2. Critically discuss Great Man Theories of leadership in comparison to

Behaviorist Theories of leadership.
[8 Marks]
______________________________________________________________
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______________________________________________________________
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3. The macro environment consists of the following sub environments:

Technological, Economic, Socio- cultural, Political, Ecological and
Legal;
Define the macro environment and summarise important aspects of any three
(3)sub- environment mentioned above[7 Marks]
______________________________________________________________
______________________________________________________________
______________________________________________________________
______________________________________________________________
______________________________________________________________
______________________________________________________________
______________________________________________________________
4. There are 5 fundamental principles that professional accountant must comply
with. Explain any three (3) of them.
[6 Marks]
(a) _______________________________________________________________
__________________________________________________________________
___
(b) _______________________________________________________________
__________________________________________________________________
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(c) _______________________________________________________________
__________________________________________________________________
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END OF THE PAPER