Subject (SQ): Business Management and Information Systems

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BMIS – L1 – SA – Q13.3 – Professional ethics in accounting and business

Identifies unethical conduct in presenting misleading financial reports.

The finance director of a large public company, Zenith Corp, presents a financial report to the board of directors, with a view to the company issuing a statement about its financial prospects to the stock market. The director knows that the information in the report is incorrect and materially misleading. The finance director is acting unethically by failing to comply with the principle of:

A   professional competence

B   integrity

C   technical standards

D   professional behaviour

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BMIS – L1 – SA – Q13.2 – Professional ethics in accounting and business

Defines the principle of objectivity for accountants.

Which of the following fundamental principles of ethical conduct for accountants means that an accountant should be independent, free from bias and from undue influence by other people?

A   Confidentiality

B   Objectivity

C    Integrity

D   Professional behaviour

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BMIS – L1 – SA – Q13.1 – Professional ethics in accounting and business

Identifies principles expected of professional accountants in their work.

Professional accountants are expected in their work to apply the principles of integrity, objectivity, professional competence and due care, confidentiality and

A   transparency and honesty

B   technical standards and openness

C   honesty and professional behaviour

D   professional behaviour and technical standards

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BMIS – L1 – SA – Q12.5 – HR – Other human resources functions

Defines the nature of extrinsic rewards.

Extrinsic rewards are:

A   a sense of achievement
B   pride in doing the work
C   a sense of responsibility
D   outside of the control of the individual

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BMIS – L1 – SA – Q12.4 – HR – Other human resources functions

Identifies an example of an intrinsic reward.

An example of an intrinsic reward is:

A   basic pay

B   pension

C   sense of recognition

D   company car

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BMIS – L1 – SA – Q12.3 – HR – Other human resources functions

Defines the process of providing performance information to individuals.

What is the process of providing information to individuals about their performance?

A   Goal congruence

B   Feedforward

C   Feedback

D   Guidance

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BMIS – L1 – SA – Q12.2 – HR – Other human resources functions

Determines the stage following agreement on action plans in the appraisal process.

In the appraisal process, which stage from the following comes after the action plans have been agreed?

A   Training programme

B   Set objectives for the future

C   Follow up

D   The appraisal interview

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BMIS – L1 – SA – Q12.1 – HR – Other human resources functions

Identifies the performance appraisal approach involving multiple assessors and self-assessment.

Which of the following performance appraisal approaches includes an assessment of the individual by a number of other people who are familiar with the individual’s work and a self-assessment by the individual?

A   The problem solving approach

B   The tell and listen method

C   The tell and sell method

D   360 degree approach

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BMIS – L1 – SA – Q11.5 – HR – Training and development

Assesses whether job enrichment is also called horizontal job enlargement.

Job enrichment is also called horizontal job enlargement. True or false?

A True

B False

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BMIS – L1 – SA – Q11.4 – HR – Training and development

Defines job rotation in the context of HR training and development.

Job rotation involves:

A   a re-design of a person’s post based upon job analysis

B   the movement of an individual to another post in order to gain experience

C   the expansion and enrichment of a person’s job content

D   the relocation of a post holder in order to benefit from the experience of a number of potential mentors

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