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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 has overall responsibility for enforcing the Health and Safety at Work Act 1974 and its related legislation?
i. The Health and Safety Commission
ii. The Health and Safety Executive
iii. The Health and Safety Inspectorate

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

2. Which of the following does the IFAC Code of Ethics establish?

A) Judicial requirements for professional accountants
B) Standards of commitment for professional accountants
C) Legal requirements for professional accountants
D) Standards of behavior for professional accountants

3. As a general rule, what period of continuous employment is required before a person can make a claim for unfair dismissal?

A) at least 9 months
B) at least 3 years
C) at least 6 months
D) at least 2 years

4. X is in the process of setting up a private company limited by shares X is considering including certain provisions in the articles of association. Which of the following provisions would be enforceable by and against the company?
1 Dividend rights of the members
2. Terms relating to bonuses of directors
3. Payment terms of suppliers.

A) 2 and 3 only
B) 1 only
C) 1 and 2 only
D) 1,2 and 3

5. Which of the following is NOT an essential element of a valid simple contract?

A) Written terms.
B) Agreement.
C) Consideration.
D) Intention to create legal relations.

Solutions: