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CIMA BA4 Practice Q&A's

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CIMA BA4 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Business Ethics and Ethical Conflict30%- Ethical dilemmas and resolution
- Nature and importance of ethics
- Professional ethics principles
Topic 2: Corporate Governance, Controls and Corporate Social Responsibility45%- Role of board and directors
- Internal controls and audit
- Corporate social responsibility (CSR)
- Principles of corporate governance
Topic 3: Company Administration10%- Types of business organisation
- Administration and management of companies
Topic 4: General Principles of the Legal System, Contract and Employment Law15%- Legal system fundamentals
- Contract law basics
- Employment law essentials

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

Question #1

The IFAC has eight main drivers of sustainable corporate success. Which of the following are included in the eight mam drivers?
1, Innovation and adaptability
2. Effective leadership and strategy.
3. Board control and responsibility

  • A. 2 and 3 only
  • B. 2 only
  • C. 1 only
  • D. 1 and 2 only
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #2

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.

  • A. (i), (ii) and (iii).
  • B. (ii) and (iii) only
  • C. (i) and (ii) only
  • D. (i) only
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #3

Which of the following statements is incorrect in relation to the Memorandum of Association of a company which is registered after the Companies Act 2006 is fully in force?

  • A. The Memorandum of Association will no longer be a company's superior constitutional document.
  • B. The Memorandum of Association must state that the subscribers agree to become members of the company.
  • C. The Memorandum of Association must contain a statement of the company's authorized share capital.
  • D. The Memorandum of Association must state that the subscribers wish to form a company under the Act.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #4

Which of the following remedies is available as of right in the event of a breach of contract?
(i) Specific performance.
(ii) Damages.
(iii) An injunction.

  • A. (iii) only
  • B. (ii) only
  • C. (ii) and (iii) only
  • D. (i) only
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #5

In relation to corporate governance, which of the following statements best describes the situation in the UK?

  • A. There is little or no corporate governance
  • B. No corporate governance is enforceable in law
  • C. Some corporate governance is enforceable in law
  • D. All corporate governance is enforceable in law
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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