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CIMA BA4 Exam Syllabus Topics:

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

1. Being accountable for one's actions and decisions reflects the personal quality identified by the CIMA Code of Ethics as:

A) Responsibility
B) Respect
C) Reserve
D) Reliability

2. Which of the following is the responsibility of the Chairman, according to the UK Corporate Governance Code?

A) Carrying out the policies of the Board
B) Setting the agenda for Board meetings
C) Operational control
D) Authorizing major investments

3. Which of the following is incorrect?

A) In order to register a company, promoters must include a Memorandum of Association in the documents submitted to the Register of Companies.
B) For a company with a share capital, the application for registration must contain a statement of capital and initial shareholdings.
C) A company cannot be registered with the same name as a company already on the register.
D) The directors of a newly registered company cannot also act as directors of another company.

4. Which of the following is correct in relation to international relations?
(i) International regulations are voluntarily entered into by commercial and professional bodies to standardize practices and procedure to make it easier to enter into international trading agreements.
(ii) International regulations which have been agreed by the professional bodies of different states are only binding on the members of those bodies or those who choose to adopt them.
(iii) International regulations may attain the force of law by being adopted by the legislatures of individual states

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

5. Completing work within established deadlines reflects the personal quality identified by the CIMA Code of Ethics as:

A) Accuracy
B) Responsibility
C) Timeliness
D) Tardiness

Solutions: