BA4 - Fundamentals of Ethics, Corporate Governance and Business Law Exam Questions PDF download

QUESTION: 66

Which of the following requires the approval of a simple majority of all the company's shareholders who are entitled to vote?

A written special resolution
A special resolution
A written ordinary resolution
An ordinary resolution

Answer(s): C

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Miss B is working closely with Mr L to deliver an important report on the efficiency of Mr L's department. They have had to work late together several times, and last night they went out to dinner afterwards. Miss B is starting to think she may have feelings for Mr L. Could her independence be called into question?

Yes, her feelings could be influencing her independence of mind
No, she is not actually dating Mr L so her independence of appearance is not compromised
No, provided she does not act on her feelings and continues to be professional
Yes, having dinner with a work colleague can affect her independence of appearance

Answer(s): A

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QUESTION: 68

Advocacy threats to compliance with fundamental principles are described as threats that may occur.

as a result of the financial or other interests of a professional accountant or of an immediate or close family member
when a previous judgment needs to be re-evaluated by the professional accountant responsible for that judgment
when a professional accountant promotes a position or opinion to the point that subsequent objectivity may be compromised
when, because of a close relationship, a professional accountant becomes too sympathetic to the interests of others

Answer(s): C

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QUESTION: 69

Which of the following is incorrect?

Subject to the company's Articles of Association, shareholder approval is not required to enable the company to borrow money.
Subject to the company's Articles of Association, shareholder approval is not required to authorise the issue of shares direct to one person for a non-cash consideration.
A company's Articles cannot provide that the Articles are unalterable.
The Articles of Association may be altered by special resolution.

Answer(s): B

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QUESTION: 70

You are concerned that your boss may have been putting together misleading financial statements for some time. As a well known and well respected accountant, you are concerned that your boss might bring the profession into disrepute. Which TWO of the CIMA Code of Ethics fundamental principles does this affect?

Objectivity and impartiality
Integrity and reliability
Professional behavior and integrity
Objectivity and professional competence and due care

Answer(s): C

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CIMA BA4 - Fundamentals of Ethics, Corporate Governance and Business Law BA4 Exam Questions in PDF

Free CIMA BA4 Dumps Questions (page: 14)

QUESTION: 66

QUESTION: 67

QUESTION: 68

QUESTION: 69

QUESTION: 70