LO1 Key Terms

Expected behaviours and expectations for individuals

Having responsibility to agree or sign off a commitment or payment

Knowing what and when information should be kept to oneself

unacceptable or improper behaviour of a very serious kind by an employee or professional person

Using someone else's work and leading others to believe that it is your own

An amount of money given to a person or department to spend

Guidelines that all people in a particular profession should follow

Understanding the relative importance of tasks or events

regulations and procedures intended to prevent accident or injury in workplaces

People or organisations that affect or are affected by a business

to be treated without discrimination, especially on the grounds of sex, race, or age

Procedures or rules that must be followed

Theft by an employee of assets that belong to an employer

Laws that affect a business