Test 4: Whose Responsibility? video

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Peter
(Accountant for
a small trading firm)

Question
What's Wrong
Please select one or more answers:

  • Responsible for vetting and authorising claims for reimbursement such as entertainment expenses.
  • Indulges in security trading and delegates an Accounts Clerk to vet and authorise payment on his behalf.
  • Enticed by colleagues, the Accounts Clerk turns a blind eye to false claims submitted by them in return for a share of the money.
  • Fires the Accounts Clerk for negligence upon discovery of the scam by the external auditor.
Conflict of Interest
Acceptance of Kickback / Unauthorised Advantages
Unauthorised Disclosure of Information
Favouritism
Unauthorised Absence from Duty
Use of Falsified Document
Abuse of Authority
No Segregation of Duties
Lack of Supervisory Accountability
Lack of Transparency
No competitive bidding
Lack of Control

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