Steven was an accounts clerk in Rich Bank. He was accused of forging cheques in the sum of RM200,000. The Bank discovered this and immediately decided to conduct an inquiry scheduled for the next day. Steven was asked, on the day of the inquiry, to go to the conference room where the inquiry was being held. He was not told why he should go there. On arriving there, he was asked to wait outside. After about % hour, he was informed that his services have been terminated with immediate effect. Advise Steven on the following: whether proper procedures for domestic inquiry were carried out by Rich Bank; and what would be his next course of action if he feels that he was dismissed without just cause by referring to decided cases and statute. I. I.

Steven was an accounts clerk in Rich Bank. He was accused of forging cheques in the sum of RM200,000. The Bank discovered this and immediately decided to conduct an inquiry scheduled for the next day. Steven was asked, on the day of the inquiry, to go to the conference room where the inquiry was being held. He was not told why he should go there. On arriving there, he was asked to wait outside. After about % hour, he was informed that his services have been terminated with immediate effect. Advise Steven on the following: whether proper procedures for domestic inquiry were carried out by Rich Bank; and what would be his next course of action if he feels that he was dismissed without just cause by referring to decided cases and statute. I. I.

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter5: Internal Control And Cash

Section: Chapter Questions

Problem 5.1C

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