Most Recent CIMAPRA17-BA4-1 Exam Questions & Answers

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 Nov 19, 2024.

Viewing page 1 out of 132 pages.
Viewing questions 1-5 out of 661 questions

Get All 661 Questions & Answers

Question No. 1

Which of the following may be liable to contribute to the assets of the company in the event of the company carrying on business at a time when it appeared that insolvency was inevitable?

AThe current directors and shareholders of the company.

BThe current and former directors of the company.

CThe current directors of the company.

DThe current directors and former shareholders of the company.

Show Answer

Correct Answer: B

Question No. 2

Andrea is completing an audit on the finance department for a medium-sized company. In her report she makes note of the fact that her audit was severely limited due to her being unable to access many of the department's documents.

Because of this and a number of other things she's discovered whilst conducting her audit, she thinks fraudulent activity might have been taking place within the department.

However, Andrea knows that it is not the business of auditors to seek out fraud.

What should she do?

AIssue a disclaimer of opinion.

BDetail her suspicions in the 'emphasis of matter' section in the audit report.

CReport her suspicions to the company's senior management.

DThere's nothing she can do - it's not the business of auditors to deal with matters concerning fraud.

Show Answer

Correct Answer: A

Question No. 3

Which of the following is an example of a safeguard created by the profession, legislation or regulation as opposed to a safeguard in the work environment?

ALeadership of the organization which stresses the importance of compliance with the fundamental principles

BLeadership of the organization which establishes the expectation that members of an assurance team will act in the public interest

CProfessional standards

DAn organization having documented internal policies and procedures requiring compliance with the fundamental principles

Show Answer

Correct Answer: C

Question No. 4

Jo is employed as management accountant of a large retailer. Jo has been asked to make a payment to a bogus supplier that she believes would constitute money laundering. If Jo accepts the request, which of the following 'fundamental principles' of CIMA's Code of Ethics will be compromised?

AIntegrity

BObjectivity

CConfidentiality

DProfessional behavior

Show Answer

Correct Answer: D

Question No. 5

'Remuneration' is one of the main principles in the Corporate Governance Code. Which of the following is NOT best practice under the 'Remuneration' principle?

ARemuneration should be sufficient to attract, retain and motivate directors of the quality required to run the company successfully, but should not be excessive

BRemuneration should be structured in order to link a significant proportion of the rewards to corporate and individual performance

CThere should be a formal and transparent procedure for developing policy on executive remuneration

DThe board of directors are able to set the remuneration of non-executive directors

Show Answer

Correct Answer: D

Unlock All Questions for CIMA CIMAPRA17-BA4-1 Exam

Full Exam Access, Actual Exam Questions, Validated Answers, Anytime Anywhere, No Download Limits, No Practice Limits

Get All 661 Questions & Answers