ACCA Advanced Audit and Assurance (AAA) Practice Exam

Accountability requires an individual to do which of the following?

1. Delegate responsibilities to others

2. Justify their actions and decisions

3. Ignore the consequences of their actions

4. Ensure all actions are secretive

The correct answer is: Justify their actions and decisions

Accountability fundamentally involves an individual's obligation to explain and justify their actions and decisions. When a person is accountable, they must be prepared to provide reasons for their choices and the outcomes that result from those choices. This transparent approach is essential in both professional and personal contexts, as it fosters trust and credibility. When individuals justify their actions, they demonstrate responsibility, which is a key element of accountability. This process often includes reflecting on goals, the implications of decisions, and the effectiveness of actions taken. It enables stakeholders to understand not just what decisions were made, but also the rationale behind them, ensuring that there is a mechanism for oversight and learning. In contrast, delegating responsibilities does not directly equate to accountability, as it can lead to a diffusion of responsibility rather than a clear understanding of who is answerable for specific outcomes. Ignoring the consequences of one’s actions would be the antithesis of accountability, as it indicates a lack of responsibility and awareness. Similarly, ensuring all actions are secretive runs contrary to the principle of accountability, which thrives on transparency and openness about decision-making processes.