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ACCA Applied Knowledge · Business and Technology · Regulation and financial crime

Which of the following best describes whistleblowing in an organisation?

Whistleblowing is the reporting of suspected wrongdoing, such as fraud, illegality or danger, by someone inside the organisation to a person or body able to act on it, whether internally or externally. It is not simply disobedience or leaking information for personal gain.

  1. AReporting suspected wrongdoing within the organisation to a person or body able to act on itCorrect
  2. BRefusing to carry out a lawful instruction from a manager
  3. CPublishing confidential financial results before the official announcement date

Explanation

Whistleblowing is the disclosure of suspected illegal, unethical or dangerous practices, either internally or to an external authority. Refusing a lawful instruction is insubordination, and publishing results early is a breach of confidentiality rather than a protected disclosure.

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