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BA4 Exam Dumps - CIMA Certificate Questions and Answers

Question # 84

Which of the following is correct?

(i) A contract of guarantee is unenforceable unless it is evidenced in writing.

(ii) A contract to sell land must be in writing.

(iii) A contract of employment must be in writing.

Options:

A.

(i) and (ii) only

B.

(i) and (iii) only

C.

(ii) and (iii) only

D.

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

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Question # 85

A group of business associates are about to register X Ltd as a company limited by shares. The associates wish to restrict the company's objects so that the company is only authorized to carry on the business of retailing computer hardware and software. Which of the following is correct?

Options:

A.

The restriction should be stated in the company's articles of association

B.

The restriction should be stated in the company's memorandum of association

C.

The restriction should be stated in the application to register a company (form IN01)

D.

No restriction is possible as all company's now have unlimited objects

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Question # 86

Demonstrating politeness and good manners towards others reflects the personal quality identified by the CIMA Code of Ethics as:

Options:

A.

Correctness

B.

Cohesion

C.

Creativity

D.

Courtesy

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Question # 87

Compliance is

Options:

A.

Doing the right thing because it is the right thing to do

B.

Doing the right thing because you have to

C.

A way of building trust

D.

A matter of judgment

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Question # 88

Which of the following describes a principles-based approach to ethical standards in an organisation?

The objective behind the approach is to:

Options:

A.

detect ethical non-compliance It motivates through fear and its standards are implicit

B.

prevent ethical non-compliance It motivates through values and its standards are explicit

C.

detect ethical non-compliance It focuses on the development of discipline and obedience and its standards are explicit

D.

prevent ethical non-compliance It focuses on the development and application of individual judgment and standards are implicit

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Question # 89

C tends to be polite to colleagues when they are present, but very rude about them in their absence. She lacks the personal quality identified by CIMA as:

Options:

A.

Respect

B.

Responsibility

C.

Reliability

D.

Reserve

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Question # 90

CIMA's report on 'Practical Proposals to Improve Corporate Governance Disclosure' explores a range of ideas Which of the following statements is correct?

Options:

A.

In focusing on improving corporate governance disclosure the skills, experiences and personalities of the board should explain how the board ensures robust decision-making

B.

In focusing on improving corporate governance disclosure the board activities should be linked into key aspects of the corporate performance and strategic development to enable users to evaluate the effectiveness of the board

C.

In focusing on improving corporate governance disclosure the information provided should be standardised to enable shareholders to compare performance with other companies.

D.

In focusing on improving corporate governance disclosure the board should evaluate its own effectiveness by focusing on how its actions have improved profit.

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Question # 91

Paschal has just passed his CIMA certificate exams and on doing so joined Un-Ethi-Cal Ltd for his first accountancy role.

Upon arrival he was been asked to do his company's corporation tax return, and not wanting to seem as if he was not keen in his first week, tells them he knows what to do and so goes online to find out how to do it.

He's got to go to a party that night, so although he can't work it out properly he fills in the form as best he can so he can get out on time.

Unfortunately, Paschal has breached CIMA's five fundamental ethical principles.

Which of the following has Paschal breached?

Select ALL that apply.

Options:

A.

Integrity + Professional competence and due core

B.

Integrity + Objectivity

C.

Confidentiality + Professional competence and due care

D.

Professional behaviour + Objectivity

E.

Objectivity + Confidentiality

F.

Professional behaviour + Integrity

G.

Confidentiality + Professional competence and due care

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Question # 92

If a claim for unfair dismissal is successful, which of the following orders can be made by an employment tribunal?

i. re-instatement

ii. re-engagement

iii. compensation

Options:

A.

(i) and (ii) only

B.

(ii) and (iii) only

C.

(i) and (iii) only

D.

(i), (ii) and (iii)

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Question # 93

Which of the following auditors would need to issue a disclaimer of opinion? Select ALL that apply.

Options:

A.

Miguel - Unable to conduct a full audit due to the client's refusal to provide access to the company's financial records.

B.

Abe - Has limited time to complete an audit, so performs a brief check of each department

C.

India - Has noticed that the company she is auditing has adopted a new set of accounting rules unusually early.

D.

Sean - Discovers during an audit that the company has overstated the value of its assets.

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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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