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MODULE NAME: MODULE CODE:
BUSINESS ETHICS FOR ACCOUNTING PROFESSIONALS BEAT6112
ASSESSMENT TYPE: EXAMINATION (PAPER ONLY)
TOTAL MARK ALLOCATION: 120 MARKS
TOTAL HOURS: 2 HOURS (+10 minutes reading time)
INSTRUCTIONS:
1. Please adhere to all instructions in the assessment booklet.
2. Independent work is required.
3. Five minutes per hour of the assessment to a maximum of 15 minutes is dedicated to
reading time before the start of the assessment. You may make notes on your question
paper, but not in your answer sheet. Calculators may not be used during reading time.
4. You may not leave the assessment venue during reading time, or during the first hour or
during the last 15 minutes of the assessment.
5. Ensure that your name is on all pieces of paper or books that you will be submitting. Submit
all the pages of this assessment’s question paper as well as your answer script.
6. Answer all the questions on the answer sheets or in answer booklets provided. The phrase
‘END OF PAPER’ will appear after the final set question of this assessment.
7. Remember to work at a steady pace so that you are able to complete the assessment within
the allocated time. Use the mark allocation as a guideline as to how much time to spend on
each section.
Additional instructions:
1. This is a CLOSED BOOK assessment.
2. Calculators are allowed.
3. Answer All Questions.
4. Show all calculations, where applicable (marks may be awarded for this).
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Exam Outcomes ____
Module Outcomes covered in this exam:
Introduction to business ethics and key concepts.
Conceptualising why ethics are an integral part of business.
Understanding that trust forms through ethical behaviour and that there is a clear link
between hiring the correct workforce and ethics in the workplace.
Reporting on the ethics system and behaviour in the organisation by using existing
frameworks.
Question 1 (Marks: 20)
Match‐the‐columns question: Match the description/term in Column A with the correct term
from Column B. In your answer booklet, write down only the question number and, next to it, the
letter of the correct answer.
Column A Column B
Q.1.1 Implement and Monitor A Business Ethics
Q.1.2 Respect to stakeholders B Drivers of fraud
Q.1.3 Resolving dilemmas C Rationalisation
Q.1.4 Human wellness D Ethical organisations
Q.1.5 Whistleblowing E Ethics Helpdesk
Q.1.6 Situational motives F Proactive ethics management
Q.1.7 Standards of conduct G Detection
Q.1.8 Surprise fraud audits H Paradigms of optimal fulfilment
Q.1.9 Effective ethics communication I Reactive ethics management
Q.1.10 No one will get hurt J RIMS approach
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Question 2 (Marks: 20)
State whether the statements below are True or False. You only need to write the number and
whether the statement is True or False in your answer book.
Q.2.1 Reputation at corporate level is based on the history of interactions. (2)
Q.2.2 Investors have more opportunities than ever before. (2)
Q.2.3 Reputation at country level is the perception of your stakeholders. (2)
Q.2.4 The ethical relationship between organisations and society is often referred to as a (2)
business ‘license to operate’.
Q.2.5 There is no clear link between corporate governance and ethics. (2)
Q.2.6 Over time, it is human capital that creates financial capital. (2)
Q.2.7 Ethical neglect often manifests as job satisfaction. (2)
Q.2.8 ‘Deviant behaviour’ can be labelled as organisational antisocial behaviour. (2)
Q.2.9 To unlock the true potential of people, some facilitators that can be used include (2)
Human Resources wellness and recruitment.
Q.2.10 Distrust is expensive. (2)
Question 3 (Marks: 20)
Q.3.1 Explain what is meant by the concept “Moral Dilemmas”. (3)
Q.3.2 Explain when a “Social Dilemma” arises. (3)
Q.3.3 Explain when a “Personal Dilemma” occurs. (3)
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Q.3.4 Briefly explain the purpose of the “RIMS Strategy”. (4)
Q.3.5 List the three steps in the RIMS strategy. (3)
Q.3.6 Explain the first step in the RIMS strategy. (4)
Question 4 (Marks: 30)
Q.4.1 Differentiate clearly between ‘ethics’ and ‘integrity’. (6)
Q.4.2 Define the concept ‘Ethical neglect’. (4)
Q.4.3 Describe three consequences of ethical neglect. (6)
Q.4.4 Discuss the concept ‘self‐actualisation’. (6)
Q.4.5 Explain what is meant by ‘Trust’. (3)
Q.4.6 List the factors that can enhance trustworthiness. (5)
Question 5 (Marks: 30)
Q.5.1 List the three enabling factors of fraud. (3)
Q.5.2 List the three categories of motives for fraud. (3)
Q.5.3 Explain the steps that can be taken to create an organisational culture that activates (4)
our moral impulses and prevents routine unethical behaviour.
Q.5.4 What is the aim of a fraud risk management programme? (3)
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Q.5.5 List the activities associated with each of the goals of a fraud risk management (12)
programme.
Q.5.6 Name two interventions that can be used to ensure effective communication on (2)
ethics.
Q.5.7 Name the three roles that managers have in organisational ethics. (3)
END OF PAPER
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