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A company you work for has recently applied for financial aid from the National Board...

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Accounting

A company you work for has recently applied for financial aid from the National Board of Small Scale Industries (NBSSI). A few days ago, you received notification that the companys application has been shortlisted. In his excitement, the CEO of your company presented GHS 1,000 to a staff of NBSSI as appreciation for a good work done. Today, you received an e-mail that your application has been revoked owing to bribery. Explain to the company CEO why his appreciation was considered as unnecessary and unethical.

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