CAS1501
Assignment 4 PORTFOLIO 2026
Unique number:
Due date: 27 October 2026
,ASSESSMENT 4 - QUIZ PORTION
Question 1 – B
IN MY OPINION, AN ACCOUNTANCY PROFESSIONAL IS BEST DESCRIBED
AS:
a. Someone who uses expert accounting knowledge and charges very high fees for
services provided.
b. Someone who uses expert accounting knowledge to protect the financial
interests of those who are not in a position to do so themselves.
c. Someone who has an elite standing in the community because of their accounting
expertise.
d. Someone who is a member of a professional body for accountants that has
similar ideas on how to best apply accounting in practice.
e. Someone who is a member of a professional body for accountants that has the
right to practice in a certain field of expertise related to accounting.
Explanation: Accountancy professionals have a responsibility to protect the public
interest through responsible use of their expertise.
, Question 2 – E
IN YOUR OPINION, WHICH OF THE FOLLOWING STATEMENTS BEST
DESCRIBES THE REASON FOR CONTINUING YOUR STUDIES TO BECOME AN
ACCOUNTANCY PROFESSIONAL?
a. Because I want to make a lot of money in order to take care of my family.
b. Because I like working with numbers.
c. Because I want to be part of an elite group of individuals that society looks up to.
d. Because I want to be a business leader and contribute to business success.
e. Because I want to make a difference in South Africa by setting an ethical
example.
f. Because I do not like working with people.
Explanation: This response reflects the module’s focus on ethical leadership and
serving society.
Question 3 – D
WHICH ONE OF THE FOLLOWING CONSIDERATIONS GENERALLY
INFLUENCES YOUR OWN BEHAVIOUR THE MOST?
a. Whether others will be aware of my behaviour or not.
b. What my friends and family will think of my behaviour.
c. Whether I will benefit from my behaviour despite any possible consequences for
others.
d. Whether my behaviour will result in me breaking a commitment that I
willingly agreed to.
e. Whether I will be caught and punished as a result of my behaviour.
f. Whether my behaviour will cause others to respect and trust my choices.
Assignment 4 PORTFOLIO 2026
Unique number:
Due date: 27 October 2026
,ASSESSMENT 4 - QUIZ PORTION
Question 1 – B
IN MY OPINION, AN ACCOUNTANCY PROFESSIONAL IS BEST DESCRIBED
AS:
a. Someone who uses expert accounting knowledge and charges very high fees for
services provided.
b. Someone who uses expert accounting knowledge to protect the financial
interests of those who are not in a position to do so themselves.
c. Someone who has an elite standing in the community because of their accounting
expertise.
d. Someone who is a member of a professional body for accountants that has
similar ideas on how to best apply accounting in practice.
e. Someone who is a member of a professional body for accountants that has the
right to practice in a certain field of expertise related to accounting.
Explanation: Accountancy professionals have a responsibility to protect the public
interest through responsible use of their expertise.
, Question 2 – E
IN YOUR OPINION, WHICH OF THE FOLLOWING STATEMENTS BEST
DESCRIBES THE REASON FOR CONTINUING YOUR STUDIES TO BECOME AN
ACCOUNTANCY PROFESSIONAL?
a. Because I want to make a lot of money in order to take care of my family.
b. Because I like working with numbers.
c. Because I want to be part of an elite group of individuals that society looks up to.
d. Because I want to be a business leader and contribute to business success.
e. Because I want to make a difference in South Africa by setting an ethical
example.
f. Because I do not like working with people.
Explanation: This response reflects the module’s focus on ethical leadership and
serving society.
Question 3 – D
WHICH ONE OF THE FOLLOWING CONSIDERATIONS GENERALLY
INFLUENCES YOUR OWN BEHAVIOUR THE MOST?
a. Whether others will be aware of my behaviour or not.
b. What my friends and family will think of my behaviour.
c. Whether I will benefit from my behaviour despite any possible consequences for
others.
d. Whether my behaviour will result in me breaking a commitment that I
willingly agreed to.
e. Whether I will be caught and punished as a result of my behaviour.
f. Whether my behaviour will cause others to respect and trust my choices.
