This document provides instructions for a mock exam assessment on governance and citizenship. The exam consists of one question worth 100 marks. Question 1 has several parts requiring discussion and analysis of scenarios involving ethical dilemmas, economic justice theories, corporate governance practices, auditing responsibilities, data protection laws, and identifying legal and ethical issues. The exam is closed book, lasts 2 hours and 30 minutes, and students must upload their attempts by June 14th to receive feedback.
This document provides instructions for a mock exam assessment on governance and citizenship. The exam consists of one question worth 100 marks. Question 1 has several parts requiring discussion and analysis of scenarios involving ethical dilemmas, economic justice theories, corporate governance practices, auditing responsibilities, data protection laws, and identifying legal and ethical issues. The exam is closed book, lasts 2 hours and 30 minutes, and students must upload their attempts by June 14th to receive feedback.
This document provides instructions for a mock exam assessment on governance and citizenship. The exam consists of one question worth 100 marks. Question 1 has several parts requiring discussion and analysis of scenarios involving ethical dilemmas, economic justice theories, corporate governance practices, auditing responsibilities, data protection laws, and identifying legal and ethical issues. The exam is closed book, lasts 2 hours and 30 minutes, and students must upload their attempts by June 14th to receive feedback.
This document provides instructions for a mock exam assessment on governance and citizenship. The exam consists of one question worth 100 marks. Question 1 has several parts requiring discussion and analysis of scenarios involving ethical dilemmas, economic justice theories, corporate governance practices, auditing responsibilities, data protection laws, and identifying legal and ethical issues. The exam is closed book, lasts 2 hours and 30 minutes, and students must upload their attempts by June 14th to receive feedback.
DEPARTMENT Acountancy CAMPUS(ES) APK MODULE NAME Governance and Citizenship MODULE CODE GOV2AB0 SEMESTER First ASSESSMENT OPPORTUNITY, Mock Exam MONTH AND YEAR
ASSESSMENT DATE 1 June 2022 SESSION Self assess
ASSESSOR(S) Miss Rachelle Douglas and Ms M Marchbank DURATION 2 hours and 30 TOTAL MARKS 100 mins
NUMBER OF PAGES OF REQUIRED (Including cover page) 3
INFORMATION/INSTRUCTIONS: ___________________________________________________________________________ • This is a closed-book assessment. • Read the questions carefully and answer only what is required. • Number your answers clearly and correctly as per the question paper. • Write neatly and legibly on both sides of the paper in the answer book, starting on the first page. • Make sure that you work your reading time and writing time out so that you do not over use your time. • You must upload your attempt by no later than the 14th June 2022, only students who have uploaded their attempt will get the suggested solution to work though. _________________________________________________________________________
1 QUESTION 1 100 MARKS
YOU ARE REQUIRED TO: MARKS
a. With reference to the scenario on Page 2 of the scenario (19)
document, discuss how you would apply the RIMS strategy to resolve the ethical dilemma. Presentation: (1) TOTAL: (20) b. Discuss the theories that deal with “Economic Justice under (6) Capitalism”
c. With reference to the information of Zooty Frooty on Page 6:
Provide suggestions for the improvement of the company’s corporate governance practices according to King IV. Please complete your answer in the tabular format as indicated below:
Concerns Recommended Practices
(29)
Table format: (1)
TOTAL: (30)
d. With reference to Sensor (Pty) Ltd on page 8:
i. Explain and justify if you agree with the statement made by James Tensor that Sensor (Pty) Ltd does not need to be audited. (7) ii. Discuss whether the information that was brought to the attention of Sahra via the anonymous email would constitute a Reportable Irregularity in terms of the Companies Act. (7) iii. Assume that the company does need to be audited, do you agree with the statement made by James regarding not giving the auditors access to any information? You must justify your answer. (2) i. List the section in terms of the Companies Act that holds (2) a director accountable for his/ her actions ii. List the section in terms of the Companies Act that (2) discusses reckless trading TOTAL: (18)
e. With reference to Data Analytics (Pty) Ltd on Page 9:
i. Identify the Data Subject and state why (2) ii. Identify the Responsible Party and state why (2) iii. Identify and explain any concerns you might have relating to the POPI act.
i. Identify and explain the ethical issue that is evident. (4) ii. What should the entity rather have done? Motivate your (3) answer iii. Is this a legal issue? Justify your answer. (2) iv. Can an issue be illegal but ethical? And if so provide an (3) example of where an issue is ethical but illegal (12) TOTAL: LOGIC AND LAYOUT (1) TOTAL MARKS FOR QUESTION 1 (96) OVERALL PRECISION AND INTERPRETATION MARKS (4) TOTAL FOR EXAM (100)
