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

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CIMA BA4 Exam Syllabus Topics:

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

1. Which of the following statements is correct?
(i) The written statement of particulars of employment is the contract of employment and every employee with one month's service is entitled to receive a copy.
(ii) The written statement of particulars of employment is not the contract of employment.
(iii) The written statement of particulars of employment may be the best evidence of the terms of the contract and every employee with one month's service is entitled to receive a copy.

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

2. Which of the following statements reflects the leadership principles of corporate governance on board behavior?

A) Good governance practice encourages control to be concentrated in the hands of one director
B) Good governance practice encourages independent challenge and rigour in strategic development
C) Good governance practice encourages compromise, consensus and discourages confrontation in board decision-making
D) Good governance practice vests the responsibility for board decision making with the CEO

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

A) Constancy
B) Contemplation
C) Conviction
D) Confidentiality

4. 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?

A) Professional behavior
B) Integrity
C) Professional competence
D) Credibility

5. Which of the following are fundamental characteristics of useful information? Select ALL that apply.

A) Relevance
B) Faithful representation
C) Understandability
D) Comparability
E) Timeliness
F) Verifiability

Solutions: