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- You are a senior public relation officer. The citizens in the country are suffering financially due tothe prolonged pandemic. As part of the company’s corporate social responsibility (CSR), you arerequired to survey the needs of two (2) charitable groups. Then, propose three (3) suitable waysthe company can give back to the society.In your proposal to the head of public relation department,• state the purpose of your proposal;• identify two (2) charitable groups of your choice;• describe the needs of the two (2) charitable groups;• suggest three (3) ways the company can help the two (2) charitable groups;• provide details of the activities (such as cost, time needed, justification of its suitability,and manpower required); and• describe the benefits of those activities to the staff members and company. Provide two (2)benefits of those activities to the staff members and two (2) benefits of those activities tothe company.Your proposal should be about 800-1200 wordsSome restaurants offer a 10% discount on the payment of bills in cash because they do not have to pay the tax then. Assuming both customers and restaurants are comfortable with such a situation. Do such practices should be permitted or restricted? Explain the reasons and perform an ethical analysis of such situations using at least 2 workable ethical theories. Indicate at least one ethical theory that makes this situation ethical for both parties.You have recently obtained employment at RL Ltd. The manager of this successful medium sized business enterprise is keen to implement and formalize some ethical practices in the business. She asks you and your team provide detailed overview about a current ethical issue(s) which affects any well-known company of your choice. Required: Research and report on the unethical issue/s affecting the company Examine how the unethical issue/s has impacted the business Examine the company's ethical code of conduct or a statement of corporate social responsibility. To what extent is it following the code? Make recommendations on how the company could resolve the unethical issue/e and also how they can also improve the ethics of its operations.
- Under federal law, a tax exempt Health Savings Account can only be opened for an individual who is Ο Α. covered by a qualified High Deductible Health Plan covered by Long Term Care Insurance entitled to Medicare benefits eligible to be claimed as a dependent on another person's tax return B. OC. O D.SLO-2.3. Which of the following is an advantage of a sole proprietorship? OThe owner has unlimited liability OThe business ceases to exist when the owner dies OThere is a limit to the amount one person can borrow OProfits are taxed as individual incomeBring out the need and importance of Social Accounting from the given options; (1) Only commercial aspects of a business are not enough (2) Consideration towards people needs to be considered (3) Social irresponsibility is not tolerated as people are aware of rights and responsibilities via government rules (4)The company must accept its obligation to be socially responsible and to work for the larger benefit of the community. a. Only 1, 2 and 3 b. All the given options are to be considered c. Only 3 and 4 d. Only 1, 2 and 4 Clear my choice
- Foundations can fund political campaigns. A. True B. FalseIn a self funded health plan for a commercial company, which entity bears the risk for the medical costs? A. Health Plan B. Federal Government C. Member D. The company purchasing the insuranceA preparer e-file hardship waiver might be granted for which of the following reasons? • A) The preparer is in a Presidentially Declared Disaster Area B) The preparer does not have software that would facilitate e-file C) The preparer believes the e-file program is a government conspiracy to spy on citizens D) The preparer doesn't want to participate in e-file
- During class Professor Jenkins' discussed ethics in depth. Which of the following bodies of rules apply to accountants in tax practice: O Treasury Circular 230 O AICPA Statements on Standards for Tax Practice ("SSTS") O AICPA Code of Professional Conduct ASC Topic 740 Accounting for Income Taxes O All are applicable standards to accountants in tax practice.Ministry of health recently stopped a medication which is harmful to the community. This is an example of _________. a. Principle of non-maleficence b. Principle of ethics c. Principle of beneficence d. Principle of justiceA company you work for has recently applied for financial aid from the National Board of Small ScaleIndustries (NBSSI). A few days ago, you received notification that the company’s application has beenshortlisted. In his excitement, the CEO of your company presented GHS 1,000 to a staff of NBSSI asappreciation for a good work done. Today, you received an e-mail that your application has been revokedowing to bribery. Explain to the company CEO why his ‘appreciation’ was considered as unnecessary andunethical.