Most Recent CIMAPRA17-BA4-1 Exam Dumps

Prepare for the CIMA BA4 - Fundamentals of Ethics, Corporate Governance and Business Law exam with our extensive collection of questions and answers. These practice Q&A are updated according to the latest syllabus, providing you with the tools needed to review and test your knowledge.

QA4Exam focus on the latest syllabus and exam objectives, our practice Q&A are designed to help you identify key topics and solidify your understanding. By focusing on the core curriculum, These Questions & Answers helps you cover all the essential topics, ensuring you're well-prepared for every section of the exam. Each question comes with a detailed explanation, offering valuable insights and helping you to learn from your mistakes. Whether you're looking to assess your progress or dive deeper into complex topics, our updated Q&A will provide the support you need to confidently approach the CIMAPRA17-BA4-1 exam and achieve success.

The questions for CIMAPRA17-BA4-1 were last updated on Feb 19, 2025.

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Question No. 1

Which of the following is normally implied into a contract of employment?

AA duty to provide a reference.

BA duty to provide work.

CA duty to pay wages.

DAn employee's duty to disclose his own misconduct.

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Correct Answer: C

Question No. 2

Which of the following is correct?

i. A company intending to issue new shares for cash must first offer them to the existing shareholders.

ii. A company may dispense with the requirement to offer new shares to existing shareholders by passing a special resolution.

iii. A company issuing shares for a non-cash consideration is not required to offer the shares to the existing members first.

A(i) only

B(ii) only

C(ii) and (iii) only

D(i), (ii) and (iii)

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Correct Answer: D

Question No. 3

Which of the following statements is correct in relation to business organisations?

AIn the event of a company limited by shares going into insolvent liquidation the shareholders become fully liable for the debts of the company

BAlthough a public company may offer its shares and securities to the general public it can only do so if it is listed on a stock exchange

CA limited liability partnership is a separate legal entity distinct from the partners in a similar way to how a private company is a legal entity distinct from its shareholders and directors

DA general partnership and a private limited company can be formed without the need for any written documents

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Correct Answer: B

Question No. 4

The primary role of internal audit within an organisation is to:

Aserve as the investigative arm of the board

Bserve as an independent, objective assurance and consulting activity that adds value to operations

Ccarry out assignments to assist in the attainment of more efficient operations

Dassist the external auditor in order to reduce external audit fees

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Correct Answer: A

Question No. 5

AB Ltd contracted to deliver two desks and three filing cabinets to CD Ltd. On the day when delivery was due to take place AB Ltd did not have a vehicle with sufficient capacity to hold all the goods. As a result AB Ltd delivered the two desks only

Which of the following is correct?

AThe contract between AB Ltd and CD Ltd is frustrated.

BCD Ltd is legally entitled to refuse delivery of the desks

CThe failure to deliver the filing cabinets is a breach of a warranty which entitles CD Ltd to claim damages

DThe delivery of the desks amounts to substantial performance of the contract and CD Ltd is obliged to pay the contract price less an amount for the defects in performance

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Correct Answer: B

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