Answer Happy

6. The main distinction of altruism and consequentialism is A Both theories indicate an action is ethically right if it brings good consequences to others, including the actors. B Altruists emphasis on benefits gained by others but not themselves, consequentialists focus on benefits gained by all including themselves. C Altruism is often seen as a form of consequentialism, benefits enjoyed by other stakeholders are the main concern. D A consequentialist always sacrifices their self-interest to fulfil other's whereas, Altruist is said to enjoy the benefits gained from an ac (1 mark) 7. Factors that increase the tendency of employees to commit fraud at the workplace include: i. Favouritism among employees ii. Proper internal control system is in place iii. Loose monitoring on workplace ethics iv. In existence of effective whistleblowing policy A B с D i and iii i and ii iii and iv ii and iv (1 mark) 8. Responsible employers are expected to exercise the following rights to employees at workplace: Healthy work space ii. Male and female staff are given an equal chance of holding administrative position iii. Safe and conducive working place iv. Promoting blind loyalty A B с D i, ii and iii i, ii and iv ii, iii and iv All of the above mark) 9. When a professional accountant faces choices which amounts to conflict or breach, he/she should always: i. Think objectively and take his/her preferences out of the equation ii. Act professionally and seek guidance from the current codes of professional conduct iii. Reflect on the situation and continue to learn and develop A B с Only i and ii are correct Only ii and iii are correct Only i and iii are correct All i, ii and iii are correct 미 D (2 marks)