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CIMA BA4 Exam Syllabus Topics:

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

Question 1

Which of the following CANNOT be appointed as the sole director of a private company limited by shares?
(i) A person over the age of 70 years
(ii) A person under the age of 16 years
(iii) A private company limited by shares

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

Question 2

Which one of the following is NOT one of the fundamental principles of CIMA's Code of Ethics?

A. Confidence
B. Objectivity
C. Integrity
D. Professional behavior

Question 3

CIMA's Code of Ethics would be violated if a professional accountant accepted a fee for work which is:

A. fixed by a company's ethics committee
B. based on a quotation fixed in advance of the work being earned out
C. payable once a specified finding has been attained
D. based on a price quotation submitted in competitive bidding

Question 4

The board of Zed Ltd wishes to borrow money from Exe Bank plc. What authority will the board require to enable it to proceed?

A. A board resolution
B. A special resolution
C. An ordinary resolution
D. A written resolution

Question 5

Governance denotes the generic way an organization is run with particular emphasis on:

A. Accountability, integration, financial management
B. Accounting, integration, financial management
C. Accountability, integrity, risk management
D. Accounting, integrity, risk management

Solutions: