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CIMA Updated BA4 Exam Questions and Answers by casey

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CIMA BA4 Exam Overview :

Exam Name: Fundamentals of Ethics, Corporate Governance and Business Law
Exam Code: BA4 Dumps
Vendor: CIMA Certification: CIMA Certificate
Questions: 661 Q&A's Shared By: casey
Question 80

In a situation where a professional accountant needs to choose in whose interest he or she is to behave and act, which of the following interests should he or she put first?

Options:

A.

Employer's interest

B.

Client's interest

C.

CIMA's interest

D.

Public interest

Discussion
Question 81

Which of the following statements is correct in relation to a misrepresentation?

Options:

A.

A person selling goods may be hekJ liable in misrepresentation if he or she remains silent during the negotiations and fails to correct any misunderstandings on the part of the buyer

B.

A misrepresentation is a false statement of fact or opinion made by one person to another before a contract is formed and which causes the contract to be automatically cancelled

C.

If a person can show that he or she was induced to contract by a misrepresentation then a court must grant a remedy, irrespective of the time taken to commence the action against the misrepresents.

D.

If one person attempts to persuade another to enter into a contract by misrepresenting the facts, the intended victim will have a remedy, unless the misrepresentation did not induce the intended victim to contract

Discussion
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Question 82

In the event of a breach of contract, what is the purpose of damages?

(i) To punish the contract breaker.

(ii) To compensate the innocent party.

(iii) To ensure that the innocent party makes a profit.

Options:

A.

(i) only

B.

(ii) only

C.

(i) and (iii) only

D.

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

Discussion
Question 83

How might a company ensure that the roles and responsibilities of its board and management are made clear and publicly known?

Options:

A.

Ensure such details are included in the its annual report.

B.

Highlight this information during its AGM.

C.

Ensure it has an audit committee, remuneration committee and a nominations committee.

D.

Adhere to the principles outlined in the Sarbanes-Oxley Act.

Discussion
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