10 Questions
What is NNPC Limited committed to in terms of financial disclosure?
Full and accurate financial disclosure in compliance with applicable laws, rules, and regulations
What is the consequence of intentionally bypassing NNPC Limited’s authorisation channels for access to and use of its assets and resources?
Subject to disciplinary action
What must NNPC Limited employees ensure in terms of financial activities and transactions?
Record and report in compliance with IFRS standards, governmental regulations and corporate policy
What is the primary purpose of NNPC Limited's system of internal accounting controls?
To ensure the reliability, adequacy, and integrity of financial records and statements
According to NNPC Limited's Code of Conduct, what should employees do in relation to financial transactions?
Ensure that all transactions are approved in line with NNPC Limited’s delegation of authority and corporate policy
What should employees do if they discover errors or misstatements in NNPC Limited’s books and records?
Report all errors, possible errors, or misstatements to the Chief Financial Officer upon discovery
What is prohibited in relation to financial transaction support documents according to NNPC Limited's policies?
Intentionally destroy financial transaction support documents or store them outside designated office premises or locations
What should employees do if they encounter irregularities or weaknesses in relation to auditing, accounting, or internal control matters?
Promptly report all irregularities or weaknesses to management
What is a requirement for financial transactions according to NNPC Limited's policies?
Financial transactions must be captured completely and accurately in the relevant accounting periods
What should employees do in relation to NNPC Limited’s funds and resources?
Not utilize NNPC Limited’s funds or resources for any purposes other than that described by their supporting documents
Test your knowledge about the importance of accurate and timely financial disclosure in compliance with laws, rules, and regulations. This quiz focuses on the commitment of NNPC Limited to maintain accurate financial records.
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