Financial management is the one aspect that is the cause of trouble in public schools more often than anything else.

1.1 Analyse the legal liability of an employee who must deposit cash at the bank on a weekly basis. (10)

1.2 What should and can the SGB do to protect themselves and the employee concerned against robbery and other eventualities? (10)

2. Analyse school financial reporting and the role that technology play (or could play) in financial reporting in schools. (20)

3. Stock control is a crucial aspect of financial management in schools, ensuring that resources such as textbooks, supplies, and technology are available and used efficiently. However, ethical dilemmas can arise when there are conflicts between financial constraints, resource allocation, and ethical considerations. Your school has a tight budget and has recently faced an issue with stock control. The school's inventory of textbooks, computers, and classroom supplies is outdated, and there are discrepancies in the stock records. The SMT and the school's financial committee must address these discrepancies while ensuring that learners have the necessary resources for their education. The school has discovered that several items, including expensive computers and science equipment, are missing from the inventory. Initial investigations suggest that some of these items may have been misappropriated by staff members. The dilemma lies in how to address this issue ethically and effectively without causing undue harm to staff morale and the school's reputation.

3.1 How should school leaders approach the investigation of missing inventory items to ensure fairness and maintain staff morale? (10)

3.2 What ethical principles should guide school leaders in addressing the issue of missing inventory items? (10)

Write intext reference and provide a reference list.