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BA4 Exam Dumps - CIMA Certificate Questions and Answers

Question # 24

Which of the following must be satisfied for an employee to claim wrongful dismissal?

(i) The employer terminated the contract without notice, and was not justified in doing so.

(ii) The employee must have at least 12 months' continuous employment.

(iii) The dismissal was not for reasons of conduct, capability, redundancy or some other substantial reason.

Options:

A.

(i) and (ii).

B.

(i).

C.

(i), (ii) and (iii).

D.

(iii).

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Question # 25

According to the CIMA Code of Ethics, a professional accountant should not be associated with reports, returns, communications or other information where they believe that the information:

Options:

A.

Contains a materially false or misleading statement

B.

Contains statements or information furnished recklessly

C.

Omits or obscures information required to be included where such omission or obscurity would be misleading

D.

All of the above

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Question # 26

Which of the following is INCORRECT in relation to the UK Corporate Governance Code?

Options:

A.

The board should be made up of a majority of non-executive directors.  

B.

All UK companies quoted on the London Stock Exchange have to include a statement of how the company has complied with the main principles set out in the Code.

C.

There should be a clear division of responsibilities between the Chairman and the Chief Executive.

D.

No director should be involved in deciding his or her own remuneration.  

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Question # 27

An investigation has been launched against Company G, a supermarket, after suspicions were raised about its treatment of certain employees.

It was later found that Company G were guilty of direct discrimination.

Which of the following are the ways in which Company G were found to be directly discriminating?

Select ALL that apply.

Options:

A.

Only offering pay rises to female employees if they were under a certain weight.

B.

Rejecting job applications if the applicant had a foreign-sounding name.

C.

Only offering senior managerial roles to male employees.

D.

Making it company policy that no one over 65 could be hired.

E.

Having a rule that no one under 5ft tall could be hired.

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Question # 28

Which of the following are listed among the IFAC's drivers for sustainable organisational success?

Select ALL that apply.

Options:

A.

Customer and stakeholder focus

B.

Effective leadership and strategy

C.

Integrated governance, risk and control

D.

Innovation and adaptability

E.

Financial management

F.

People and talent management

G.

Operational excellence

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Question # 29

You have been charged with the task of reviewing the CSR report for your company, GHI. Which of the following aspects of the report represent a lack of compliance with the Global Reporting Initiative G4 Sustainability Reporting Guidelines?

Options:

A.

The CSR report reflects GHI's significant economic, environmental and social impact

B.

The CSR report includes both positive and negative aspects of GHI's performance for the year

C.

The CSR report presents information using visual aids that improve the accessibility and understand ability of the information for stakeholders.

D.

The CSR report is compiled and published only when material developments within GHI policies and achievements become available to warrant the expense of producing a new report

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Question # 30

Which of the following is correct in relation to Section 14 of the Sale of Goods Act 1979 which implies a term into contracts for the sale of goods that the goods supplied will be of “satisfactory quality.”

(i) A breach of Section 14 enables the innocent buyer to cancel the contract and claim damages.

(ii) The parties to a contract for the sale of goods can choose to exclude Section 14.

(iii) Section 14 applies to contracts for the sale of new goods only and does not apply to sales of second-hand goods

Options:

A.

(i) only

B.

(i) and (ii) only

C.

(ii) only

D.

(ii) and (iii) only

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Question # 31

Which of the following is correct? 

(i) The Court of Appeal is bound by obiter dicta of the Supreme Court.

(ii) The High Court is bound by a Supreme Court ratio decidendi.

(iii) A ratio decidendi of the Court of Appeal is binding on the High Court.

Options:

A.

(i) only

B.

(i) and (ii) only

C.

(ii) and (iii) only

D.

(i), (ii) and (iii).

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Question # 32

Which ONE of the following statements is correct?

Options:

A.

Adherence to legislation is always mandatory

B.

Adherence to codes of ethics is always mandatory

C.

Adherence to social responsibility policies is always mandatory

D.

Adherence to charitable donation policies is always mandatory

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Question # 33

Which of the following statements is correct in relation to the civil law?

Options:

A.

All civil cases commence in the County Court.

B.

A breach of the civil law does not enable an injured party to claim compensation.

C.

A person may be prosecuted for a breach of the civil law.

D.

A tort is a civil wrong.

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Exam Code: BA4
Exam Name: Fundamentals of Ethics, Corporate Governance and Business Law
Last Update: Feb 22, 2025
Questions: 661
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