Thursday, January 27, 2011

MGT111 Idea Solution

XYZ Ministry in Islamabad purchased 50 computers, along with accessories for Rs. 2.00 million. When prices were confirmed from open market, it was found that management had received kickbacks. Critical financial embezzlement occurred in purchase of these items. Write at least three auditing bodies that can audit this financial mismanagement

Idea Solution:-

Securities and Exchange Commission of Pakistan (SECP)
Federal Board of Revenue (FBR)
Auditor General of Pakistan (AGP)
 


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