CIMA BA4 · Chapter 4 · Question 2 of 10
Which of the following is the best description of 'whistleblowing'?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) Disclosing information about wrongdoing within an organisation to someone who can take action, internally or externally
Explanation
Whistleblowing is reporting suspected wrongdoing, such as fraud, danger or illegal conduct, to people able to address it, whether internal (such as an audit committee) or external (such as a regulator). Selling secrets to a competitor is a breach of confidentiality, not whistleblowing.
More Ethical conflict, whistleblowing and money laundering MCQs
- Q4A criminal pays cash from drug sales into many small bank deposits below reporting thresholds. Which stage of money laundering does this…
- Q5Under UK anti-money-laundering law, an accountant who suspects money laundering tells the client that a report has been made to the…
- Q6An accountant in business suspects that a colleague is laundering money through the company's accounts. To whom should she normally report…
- Q7A member has exhausted internal procedures and the ethical conflict remains unresolved. Which of the following would be an appropriate…
- Q8In the UK, which of the following statements about legal protection for whistleblowers is correct?