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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 identifies criminal as opposed to civil proceedings?

A) The case was heard by the Supreme Court.
B) The case was proved beyond reasonable doubt.
C) The case was brought by a claimant.
D) The case resulted in an award of damages.

2. What is an essential quality for a professional accountant?

A) Emotional intelligence
B) Listening skills
C) Ethical acumen
D) Emotional sensitivity

3. Which of the following is correct in relation to a company's ability to contract where the company was registered after the Companies Act 2006 was fully implemented?

A) The company cannot restrict its ability to contract in either its memorandum or articles of association.
B) The company's ability to contract is specified in its objects clause in its articles of association.
C) The company's ability to contract is specified in its objects clause in its memorandum of association.
D) The company has unrestricted objects

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

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

5. What can companies do in order to minimize the likelihood of future legislation?

A) Maintain effective self regulation
B) Insist on the highest standards of ethical behavior from their company and its employees
C) Understand and address what the public expects of companies in terms of ethical behavior and social responsibilities
D) All of the above

Solutions: