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Fundamentals of Ethics, Corporate Governance and Business Law

Last Update 19 hours ago Total Questions : 661

The Fundamentals of Ethics, Corporate Governance and Business Law content is now fully updated, with all current exam questions added 19 hours ago. Deciding to include BA4 practice exam questions in your study plan goes far beyond basic test preparation.

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Question # 4

Your boss knows that you will always strive to deliver a project on time and on budget. Which TWO of the personal qualities identified by the CIMA Code of Ethics does this demonstrate?

A.

Reliability

B.

Courtesy

C.

Timeliness

D.

Respect

Question # 5

Which of the following is not an equitable remedy?

A.

Specific performance.

B.

An injunction.

C.

Damages.

D.

Rescission.

Question # 6

Which of the following is one of the fundamental principles identified in the CIMA Code of Ethics?

A.

Professional belief

B.

Professional bearing

C.

Professional behavior

D.

Professional bias

Question # 7

If financial statements give a true and fair view, then they:

A.

are guaranteed to be free from material misstatement

B.

are prepared in a timely manner for the benefit of the users

C.

indicate that the entity has been managed properly through the period under review

D.

faithfully present the financial position and performance of an entity on the dates being reported

Question # 8

Which of the following is a common law remedy?

A.

Damages

B.

An injunction

C.

Specific performance

D.

Rescission

Question # 9

In furtherance of their duty to promote the success of the company under Section 172 of the Companies Act 2006, the directors are required to take account of amongst others, the company and its members, employees and suppliers.

 

Which of the following can enforce this duty against the directors?

A.

The company

B.

The members  

C.

The employees

D.

The suppliers

Question # 10

Who is involved in the third party relationship?

A.

Auditor, shareholders, directors

B.

Auditor, stakeholders, directors

C.

Auditor, shareholders, employees

D.

Auditor, stakeholders, government

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