Mandatory Training Course 1- Code Of Conduct Quiz

The correct answer is "Both a&c" because it states that all FINCA employees are prohibited from directly or indirectly accepting bribes from customers/clients, as well as from engaging in kickbacks or any other improper benefit that could influence their performance. This implies that any form of bribery or improper benefit is strictly forbidden for all employees, ensuring ethical conduct and maintaining the integrity of the organization.

All FINCA employees should immediately inform their supervisors of any requests by governmental authorities that indicate risks for the organization or are unusual or outside the normal scope of their responsibilities. This is important because it allows the organization to address any potential risks or issues promptly and appropriately. By informing their supervisors, employees ensure that the organization can take necessary actions to mitigate any potential harm or negative consequences. This proactive approach helps to protect the organization's interests and maintain its integrity.

The correct answer is "All of the above" because the statement includes all the mentioned actions that fall under Record Keeping and Financial Integrity. Compliance with accounting principles and internal controls, providing accurate and complete information to auditors, and approving accurate expense reports are all important aspects of maintaining financial integrity and record keeping.

Both statement A and C comply with FINCA COC. Statement A states that FINCA persons are not allowed to work on political fundraisers or campaigns during company time and cannot use company assets for these activities. This complies with FINCA COC's policy on not engaging in political activities while on company time. Statement C states that FINCA shall comply with all applicable laws and regulations regarding lobbying, which aligns with FINCA COC's commitment to following all relevant laws in the countries where they operate.

If an employee is found to be engaged in fraud or theft of assets of FINCA or its clients, or attempting to engage in such activities, they will be immediately terminated from their position and may face criminal prosecution. This means that they will lose their job and may also face legal consequences for their actions. This severe action is taken to ensure the integrity and security of FINCA and its clients' assets.

The statement is true because it states that a conflict of interest can occur in various situations such as transactions between FINCA and a FINCA person or their family members, situations that interfere with judgment or duties at FINCA, or the use of their position for reasons not in the best interests of FINCA. This implies that conflicts of interest can arise in different forms and can potentially impact the decision-making process and actions within the organization.

The correct answer is "All of the above". This means that all three statements mentioned in the question are true. The first statement states that receiving gifts or any form of preferential treatment should not be accepted if it compromises judgment. The second statement allows for the acceptance of gifts of nominal value or meals and social invitations that are in line with business ethics. The third statement advises individuals to refer any questions about accepting gifts or invitations to a supervisor, compliance officer, or the Office of General Counsel. Therefore, all three statements are true and should be followed.

All of the activities mentioned in the options can result in dismissal. Sharing the bank's information with other banks is a breach of confidentiality and can lead to severe consequences. Taking bribes from a loan client is unethical and against the bank's code of conduct. Withdrawing cash from a depositor's account secretly is a serious offense and a violation of trust. Pocketing the money received from loan clients and depositing it later is a form of embezzlement and can result in termination. Therefore, engaging in any of these activities can lead to dismissal from the bank.

The given correct answer, "B and D both," suggests that FINCA employees partnering with clients in their business is both a violation of the policy and a reason for dismissal. This means that employees are not allowed to partner with clients in their business ventures, and if they do so, they can face consequences such as being dismissed from their job. This policy is likely in place to maintain professionalism, avoid conflicts of interest, and ensure that employees prioritize their roles and responsibilities within the bank.

The correct answer is Chief Executive Officer or Chairman of the Board of Directors. These individuals hold the highest positions in the organization and are responsible for making important decisions. Therefore, they may have the authority to access confidential information about FINCA that has not been made public.

Giving payments of photo account cheques to the account holder's guarantor goes against the bank's policies and procedures. The bank's policies and procedures likely state that payments should only be made to the account holder or authorized individuals. By giving the payment to the guarantor instead, the bank is not complying with its own rules and regulations. This action can be considered unethical, but it does not necessarily constitute harassment or theft.

Verbally abusing and humiliating an employee is not allowed since it is intolerable behavior. It is important to create a positive and respectful work environment where employees feel valued and supported. Verbally abusing and humiliating employees can have negative consequences on their mental health, job satisfaction, and overall productivity. It is essential for employers to address any issues or inefficiencies in a professional and constructive manner rather than resorting to abusive behavior.