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BA4 Exam Dumps - Fundamentals of Ethics, Corporate Governance and Business Law

Searching for workable clues to ace the CIMA BA4 Exam? You’re on the right place! ExamCert has realistic, trusted and authentic exam prep tools to help you achieve your desired credential. ExamCert’s BA4 PDF Study Guide, Testing Engine and Exam Dumps follow a reliable exam preparation strategy, providing you the most relevant and updated study material that is crafted in an easy to learn format of questions and answers. ExamCert’s study tools aim at simplifying all complex and confusing concepts of the exam and introduce you to the real exam scenario and practice it with the help of its testing engine and real exam dumps

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Question # 57

A situation has arisen which will involve you participating in transactions which are legally correct but ethically unsound.

 

Which of the following is correct?

 

(i) It is not possible for a transaction to be both legal and ethically unsound.

(ii) As long as the transactions are legal you are acting properly in participating.

(iii) One of the purposes of ethical codes is to guide professionals as to how to behave even when the proposed transactions are legal.

A.

(i) only

B.

(ii) only

C.

(iii) only

D.

(i) and (ii) only

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Question # 58

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

A.

Setting the agenda for Board meetings

B.

Operational control

C.

Authorizing major investments

D.

Carrying out the policies of the Board

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Question # 59

Which of the following is an 'interest stakeholder' in an organization?

A.

Customer

B.

Employee

C.

Government

D.

Competitor

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Question # 60

Which of the following statements is correct?

A.

The Articles of Association of a private company limited by shares may be altered by ordinary resolution.

B.

The Articles of Association of a private company limited by shares may be altered by a written ordinary resolution.

C.

The Articles of Association of a private company limited by shares may be altered by a special resolution.

D.

The Articles of Association of a private company limited by shares may be altered by a board resolution.

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Question # 61

Which of the following is NOT one of the main requirements of the UK Corporate Governance Code?

A.

The establishment of a risk committee

B.

The separation of the roles of Chairman and Chief Executive

C.

The identification of an independent director as primary shareholder contact

D.

The appointment of independent non-executive directors to the Board

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Question # 62

Which of the following statements apply to multinational corporations? Select ALL that apply.

A.

Financial statements will need to be prepared in different ways in different countries.

B.

The company's investors will find it difficult to interpret and compare results.

C.

Expanding into new markets will be more difficult due to potential bureaucracy.

D.

Administrative burden and compliance costs will be reduced.

E.

Assessment of other companies will be easier to do.

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Question # 63

High profile corporate scandals in the past decade have had an effect on which of the following?

A.

Public trust in business

B.

Legislation in the US and elsewhere

C.

Public trust in accountants

D.

All of the above

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Question # 64

Which of the following is presumed not to be intended to create legal relations? 

A.

A commercial transaction.

B.

An agreement by Exe Ltd to make a gift to Wye Ltd.

C.

A social arrangement.

D.

A contract between father and son.

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