ExpertMedium2 marksMultiple Choice
ACCA · Question 29 · Professional ethics
The Procurement Director of a tech hardware company is responsible for selecting a supplier for rare earth metals. One of the bidding suppliers offers the Director an all-expenses-paid luxury vacation to the Maldives. If the Director accepts, which fundamental ethical principle is most directly compromised?
The Procurement Director of a tech hardware company is responsible for selecting a supplier for rare earth metals. One of the bidding suppliers offers the Director an all-expenses-paid luxury vacation to the Maldives. If the Director accepts, which fundamental ethical principle is most directly compromised?
Answer options:
A.
Confidentiality
B.
Professional Competence
C.
Objectivity
D.
Professional Behaviour
How to approach this question
Consider what the gift is meant to do: influence the Director's decision. When a decision is influenced by personal gain rather than facts, it lacks objectivity.
Full Answer
C.Objectivity✓ Correct
Objectivity is the principle of making decisions without bias, conflict of interest, or undue influence. Accepting lavish gifts creates a self-interest threat that directly compromises the ability to remain objective in the supplier selection process.
Common mistakes
Selecting Integrity. While accepting a bribe lacks integrity, the *direct* impact on the decision-making process is a loss of Objectivity.
Practice the full ACCA BT — Business & Technology Practice Exam 6
52 questions · hints · full answers · grading
More questions from this exam
Q01AeroFarms, a vertical farming startup, is planning to build a massive indoor facility in an urban...MediumQ02AstroMine Inc. is a commercial space exploration company preparing to extract rare earth metals f...MediumQ03SynthoMeat Ltd produces lab-grown synthetic beef. Recently, the price of traditional farmed beef ...HardQ04StreamForge is a new esports broadcasting platform. The industry is currently dominated by two ma...MediumQ05A national economy is currently experiencing a prolonged period of 'stagflation'. How is this mac...Medium