- 20 Marks
BF – Nov 2015 – L1 – SB – Q4 – The Role of Professional Accountants in Business and Society
Discussing the roles of professional accountants and the advantages of organizational structures.
Question
As a privileged member of society, a professional accountant has a vital role to play in protecting the public interest over and above personal considerations.
Required:
a. State SIX roles of a professional accountant in the efficient utilization of resources in society. (12 Marks)
b. Explain briefly FOUR advantages each of centralization and decentralization. (8 Marks)
(Total: 20 Marks)
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