Podcast
Questions and Answers
What is NNPC Limited committed to in terms of financial disclosure?
What is NNPC Limited committed to in terms of financial disclosure?
- Full and accurate financial disclosure in compliance with applicable laws, rules, and regulations (correct)
- Partial financial disclosure to maintain confidentiality
- Financial disclosure based on internal policies only
- No commitment to financial disclosure
What is the consequence of intentionally bypassing NNPC Limited’s authorisation channels for access to and use of its assets and resources?
What is the consequence of intentionally bypassing NNPC Limited’s authorisation channels for access to and use of its assets and resources?
- No consequences for bypassing authorisation channels
- Subject to disciplinary action (correct)
- Rewarded for taking initiative
- Promotion for bypassing authorisation channels
What must NNPC Limited employees ensure in terms of financial activities and transactions?
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 (correct)
- Record inaccurately to favor the company's position
- Record based on personal preferences
- Avoid recording and reporting financial activities
What is the primary purpose of NNPC Limited's system of internal accounting controls?
What is the primary purpose of NNPC Limited's system of internal accounting controls?
According to NNPC Limited's Code of Conduct, what should employees do in relation to financial transactions?
According to NNPC Limited's Code of Conduct, what should employees do in relation to financial transactions?
What should employees do if they discover errors or misstatements in NNPC Limited’s books and records?
What should employees do if they discover errors or misstatements in NNPC Limited’s books and records?
What is prohibited in relation to financial transaction support documents according to NNPC Limited's policies?
What is prohibited in relation to financial transaction support documents according to NNPC Limited's policies?
What should employees do if they encounter irregularities or weaknesses in relation to auditing, accounting, or internal control matters?
What should employees do if they encounter irregularities or weaknesses in relation to auditing, accounting, or internal control matters?
What is a requirement for financial transactions according to NNPC Limited's policies?
What is a requirement for financial transactions according to NNPC Limited's policies?
What should employees do in relation to NNPC Limited’s funds and resources?
What should employees do in relation to NNPC Limited’s funds and resources?
