Chapter 2 - Safeguards in business

Question 1

Are appropriate disciplinary processes a safeguard?

Answer 1

Yes

Question 2

Are strong internal controls a safeguard?

Answer 2

Yes

Question 3

Is the safeguard of policies to encourage staff to communicate with senior management important in business as well as practice?

Answer 3

Yes communication with senior management about conflicts to the ethical principles is highly important.

Question 4

Should there be leadership within the business which stresses the importance of ethical principles?

Answer 4

Yes lead by example.

Question 5

Should there be the opportunity to get advice from another appropriate professional member of staff?

Answer 5

Yes this will reduce threats to professional competence and due care.