CIMA CIMAPRA17-BA4-1 Exam Questions Instant Access

Question 1

You are happy to be held accountable for your actions and hope that others can trust and depend upon you. Which TWO of the personal qualities identified by the CIMA Code of Ethics does this demonstrate?

ARespect

BResponsibility

CReliability

DTimeliness

Answer : B, C

Question 2

Which of the following is NOT an essential element of a valid simple contract?

AAgreement.

BWritten terms.

CIntention to create legal relations.

DConsideration.

Answer : B

Question 3

Being offered gifts and hospitality can give rise to threats to compliance with fundamental principles. Which of the following statements is NOT in accordancewith the CIMA Code of Ethics?

AAccepting a gift may create self-interest threats to objectivity

BIf a professional accountant accepts a substantial gift, the possibility of that offer being made public could result in intimidation threats

CThe significance of threats will depend on the nature, value and intent behind the offer

DIf a professional accountant believes that a gift of significant value is designed to influence his or her actions, then it is acceptable for him or her to accept the gift without disclosing details of the gift to colleagues or superiors

Answer : D

Question 4

An investigation has been launched against Company G, a supermarket, after suspicions were raised about its treatment of certain employees.

It was later found that Company G were guilty of direct discrimination.

Which of the following are the ways in which Company G were found to be directly discriminating?

Select ALL that apply.

AOnly offering pay rises to female employees if they were under a certain weight.

BRejecting job applications if the applicant had a foreign-sounding name.

COnly offering senior managerial roles to male employees.

DMaking it company policy that no one over 65 could be hired.

EHaving a rule that no one under 5ft tall could be hired.

Answer : A, B, C

Question 5

Cameron runs his own chain of ice cream shops. However, his business recently accrued a lot of debt due to a sharp rise in the price of milk, and he is now forced to shut the whole operation down.

Who is liable for the debt?

ACameron

BCameron's business

CCameron's employees

DCameron and his employees

ENo one

Answer : A

Question 6

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.

A(i) and (ii) only

B(i) and (iii) only

C(ii) and (iii) only

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

Answer : A

Question 7

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

Answer : D

CIMA BA4 - Fundamentals of Ethics, Corporate Governance and Business Law CIMAPRA17-BA4-1 Exam Questions