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CIMA BA4 Exam Fundamentals of Ethics - Corporate Governance and Business Law https://www.realexamdumps.com/cima/ba4-practice-test.html
Exam Summary Format: computer based Availability: on demand at any of the 5,500 Pearson VUE centres around the world Length: 2 hours Questions: BA1, BA2 and BA3 each contain 60 objective test questions, while BA4 contains 85 objective test questions. Marking: computer marked Results: provisional result available immediately followed by confirmation no more than 48 hours later
Exam Overview The learning outcomes in this subject reflect the professional standards to be demonstrated for the benefit of all stakeholders. With this in mind, the place of ethics and ethical conflict is an essential underpinning for commercial activity. Ethics is more than just knowing the rules around confidentiality, integrity and objectivity. It’s about identifying ethical dilemmas, understanding the implications and behaving appropriately. It includes the role of corporate governance, corporate social responsibility and audit; and their increasing impact in the management of organisations.
Exam Syllabus Each subject is divided into a number of broad syllabus topics. A percentage weighting is shown against each syllabus topic and is intended as a guide to the proportion of study time each topic requires. It is essential that all topics in the syllabus are studied, as all topics will be examined. Weight Syllabus topic 30% A. Business Ethics and Ethical Conflict 45% B. Corporate Governance, Controls and Corporate Social Responsibility 15% C. General Principles of the Legal System, Contract and Employment Law 10% D. Company Administration
Demo Questions Question No.1 : According to the CIMA code of ethics, if appropriate safeguards cannot be identified to address threats to compliance with fundamental principles, a professional accountant should: A. Proceed unless the situation will involve breaking the law B. Proceed with necessary caution C. Identify the situation to superiors before continuing with the professional service involved D. Refuse to remain associated with the matter creating the conflict, where possible ANSWER : D
Question No.2 Which TWO of the following are reasons why a company would choose to introduce a values based code of ethics? A. To improve the cost efficiency of internal processes B. To identify gifted staff C. To provide guidance for staff D. To help staff to tackle the ethical dilemmas that they might face at work ANSWER : C, D
Question No.3 Which of the following courses of action is NOT part of the process that the CIMA Code of Ethics expects of professional accountants in resolving an ethical conflict? A. Determine the appropriate course of action that is consistent with the fundamental principles identifiedB. Evaluate the consequences of each possible course of actionC. Consult with other appropriate persons within the firm or employing organization for help if the matter remains unresolved D. Proceed with the course of action that would do least damage to a professional accountant's career prospectsANSWER: D
Question No.4 High profile corporate scandals in the past decade have had an effect on which of the following? A. Public trust in businessB. Legislation in the US and elsewhere C. Public trust in accountantsD. All of the above ANSWER : D
Question No.5 You work for a company based in a capital city that leases office space to other organizations. Which of the following corporate issues is not related to ethics or social responsibility? A. The energy efficiency of the buildings that you rent outB. Honest and transparent contracts with your customersC. Whether your buildings provide a safe and secure environment for workers and visitorsD. Having the prestige of renting out some of a capital city's most famous landmarks ANSWER : D
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