CIMA BA4 : Fundamentals of Ethics - Corporate Governance and Business Law

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CIMA BA4 Exam Syllabus Topics:

CIMA Fundamentals of Ethics - Corporate Governance and Business Law Sample Questions:

1. Acting diligently and in accordance with applicable technical and professional standards demonstrates the CIMA Code of Ethics fundamental principle of:

A) Respect
B) Responsibility
C) Objectivity
D) Professional competence and due care

2. Which of the following is incorrect?

A) A director may be removed from office for any reason by an ordinary resolution.
B) A director who is under threat of removal has the right to speak at the meeting, whether or not he is a member.
C) The company must be given 28 days' notice of a proposed resolution to dismiss a director.
D) A special resolution is needed to dismiss a director if the Articles of Association provide that he is to be a director for life.

3. Which of the following statements are correct in relation to a misrepresentation?
1. A misrepresentation is a false statement of fact or law but not a mere expression of opinion by someone having no expertise in the subject matter of the contract
2. A misrepresentation renders a contract voidable
3. As a general rule silence can amount to a misrepresentation.

A) 1 and 2 only
B) 2 only
C) 1 only
D) 2 and 3 only

4. Which of the following identifies civil as opposed to criminal proceedings?
i. The case was heard by the Magistrates Court.
ii. The case was brought by a claimant.
iii. The case was proved on the balance of probabilities.

A) (i) and (ii) only
B) (ii) only
C) (i) only
D) (ii) and (iii) only

5. In the UK, the body responsible for reviewing the regulatory activities of the professional accountancy bodies is:

A) The Financial Reporting Council
B) The Professional Oversight Board for Accountancy
C) The International Federation of Accountants
D) The Financial Review Board

Solutions: