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The maker of Nesquake, a popular coffee brand, is planning to build a coffee processing plant in Epe, Lagos State. By virtue of production capacity, this will be the biggest coffee plant in Sub-Saharan Africa. This plant has the capacity not only to meet the coffee needs of the country but also meet the premium and regular coffee demands of West and Central Africa, generating over one thousand direct and ten thousand indirect jobs in the process. It is anticipated that the plant will provide huge company and personal income tax revenue to the government while also generating foreign exchange for the country. The company plans to use eco-friendly cutting-edge technology in its production processes. However, as the only available option, the company intends to import 100% of the coffee beans from Katanga, an East African country notorious for the use of child labour in the production of coffee beans. Recently, Amnesty International called for the boycott of Katanga’s coffee beans due to what has been adjudged unethical and inhuman labour practices. Despite this fact, the makers of Nesquake have secured all necessary approvals from the Federal Government and have consequently commenced construction of the coffee processing plants.
Required:
Evaluate the morality of government’s approval of the project using the following:
a. Tucker’s 5 Questions model (10 Marks)
b. American Accounting Association (AAA) model (10 Marks)
Find Related Questions by Tags, levels, etc.
Find Related Questions by Tags, levels, etc.
The maker of Nesquake, a popular coffee brand, is planning to build a coffee processing plant in Epe, Lagos State. By virtue of production capacity, this will be the biggest coffee plant in Sub-Saharan Africa. This plant has the capacity not only to meet the coffee needs of the country but also meet the premium and regular coffee demands of West and Central Africa, generating over one thousand direct and ten thousand indirect jobs in the process. It is anticipated that the plant will provide huge company and personal income tax revenue to the government while also generating foreign exchange for the country. The company plans to use eco-friendly cutting-edge technology in its production processes. However, as the only available option, the company intends to import 100% of the coffee beans from Katanga, an East African country notorious for the use of child labour in the production of coffee beans. Recently, Amnesty International called for the boycott of Katanga’s coffee beans due to what has been adjudged unethical and inhuman labour practices. Despite this fact, the makers of Nesquake have secured all necessary approvals from the Federal Government and have consequently commenced construction of the coffee processing plants.
Required:
Evaluate the morality of government’s approval of the project using the following:
a. Tucker’s 5 Questions model (10 Marks)
b. American Accounting Association (AAA) model (10 Marks)
Find Related Questions by Tags, levels, etc.
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