You work for a construction company. Which of the following corporate issues is NOT related to ethics or social responsibility?

Which of the following is incorrect?     

What is the rule in Foss v Harbottle (1843)?

You always take the time to be polite to colleagues and listen to the opinions of others, even if you might disagree with their views. Which TWO of the personal qualities identified by the CIMA Code of Ethics does this demonstrate?

You work for an accountancy firm and discover that a member of an assurance team has a significant conflict of interest. You take CIMA ' s Code of Ethics with you when you alert your board of directors as to why this is an important issue, but the board decides that the conflict of interest is not important. This is an example of tension between:

Which of the following statements is incorrect in relation to the Memorandum of Association of a company which is registered after the Companies Act 2006 is fully in force?

Which of the following statements are correct regarding companies ' ?

1. Both public and private companies must have a minimum amount of share capital before they can commence trading.

2. The shareholders of both public and private companies cannot interfere in the management of the company.

3. The minimum number of directors for both public and private companies is two

You are the financial controller of SB Company, responsible for directing the budgeting process For the current year, you were instrumental in gaming approval of a particular manager ' s budget without modification. As a token of appreciation, the manager has given you a gift voucher for a local restaurant In considering whether or not to accept the gift, you should refer to which of the following fundamental ethical principles?

In 2011 Exe Bank plc granted a loan of £200,000 to Wye Ltd secured by a fixed charge over the company ' s land and a floating charge over all the company ' s other assets. Wye Ltd remains solvent but has now failed to meet its monthly repayments for three months.

Which of the following options are available to Exe Bank plc?

(i) Sue Wye Ltd for breach of contract.

(ii) Appoint an administrator

(iii) Petition for the compulsory winding up of Wye Ltd.

ABC Accountants has taken out an advert in its local paper to promote its services.  Mr B, an account manager, is uncomfortable, as the advert says that ABC is expert in charitable tax issues, and he knows that none of the partners have that expertise. However, Mr B does not want to be thought of as a ' trouble maker ' by bringing the matter up with his manager. Which TWO things should Mr B do?

Rank the following, starting with the highest court:

(i) Crown Court

(ii) Supreme Court

(iii) Magistrates

(iv) Court of Appeal (Criminal)

Being able to be trusted by others to be dependable reflects the personal quality identified by the CIMA Code of Ethics as:

Which of the ' fundamental principles ' of CIMA ' s Code of Ethics is defined as follows?

" A professional accountant should not allow bias, conflict of interest or undue influence of others to override professional or business judgments "

Which of the following are qualities the CIMA accountant are expected to display and develop? Select ALL that apply.

Pablo and Paula are in discussions with a potential buyer over the sale of their house. They tell the potential buyer that if they want to purchase the house for the full amount of £200,000, they ' ll need to send a letter that

confirms their offer by Friday. If they don ' t receive such a letter by then, they ' ll withdraw the house from the market.

Friday comes and no letter arrives. However, it turned out the potential buyer actually posted the letter on the Monday before, and it simply got lost in the post. The letter eventually turns up on the following Monday.

Baring this in mind, are Pablo and Paula legally obliged to sell their house?