Free CIMA BA4 - Fundamentals of Ethics, Corporate Governance and Business Law CIMAPRA17-BA4-1 Exam Questions

What is an essential quality for a professional accountant?

How might a company ensure that an audit is independent?

Which of the following is INCORRECT in relation to Shari'ah law?

i. Shari'ah law is intended to provide for a person's spiritual well-being but is notconcerned with secular matters.

ii. The Sunnah is one of the primary sources of Shar'iah law.

iii. The salat (daily prayers) is one of the Five Pillars of Islam.

Which of the following statements is incorrect?

Who is entitled to sue the directors for a breach of statutory duty?

While working as an accountant, you are asked to overlook certain irregularities in your company's accounts. This is likely to result in tensions described by which TWO of the following four options:

Which of the following is normally implied into a contract of employment?

H is hoping for a promotion. His wife is expecting a baby and they need the extra money. He needs to present the figures for his section, but the true figures do not reflect well on his manager.What should H do?

Which of the following is incorrect?

You have been charged with the task of reviewing the CSR report for your company, GHI. Which of the following aspects of the report represent a lack of compliance with the Global Reporting Initiative G4 Sustainability Reporting Guidelines?

In resolving an ethical dilemma, which of the following would NOT be a useful approach to take when focusing on finding an ethical solution?

Your company's marketing department produces a corporate brochure where, although it uses data that is accurate, the conclusions that it draws are somewhat misleading. Is this an ethical issue and why?

The directors of Zed Ltd issued a number of shares to their supporters, so that they would vote against a takeover bid by Exe Ltd.

Which of the following statements is INCORRECT?

Which of the following does NOT discharge a contract?

(i) Self-induced frustration.

(ii) Performance of the parties' obligations under the contract apart from minor defects

(iii) The insolvency of one of the parties making it impossible for him to pay the contract price.

M's client has asked her to 'leave out' a few figures as he is applying for a bank loan and he wants his management accounts to, in his words, 'look better'.If M does as he asks, he promises to pay her double her fee when the loan money comes through. M is tempted by his offer, her mother has been ill and she would love to take her away on holiday. What should she do?