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CIMA Certificate Fundamentals of Ethics, Corporate Governance and Business Law

Fundamentals of Ethics, Corporate Governance and Business Law

Last Update Feb 24, 2025
Total Questions : 661

To help you prepare for the BA4 CIMA exam, we are offering free BA4 CIMA exam questions. All you need to do is sign up, provide your details, and prepare with the free BA4 practice questions. Once you have done that, you will have access to the entire pool of Fundamentals of Ethics, Corporate Governance and Business Law BA4 test questions which will help you better prepare for the exam. Additionally, you can also find a range of Fundamentals of Ethics, Corporate Governance and Business Law resources online to help you better understand the topics covered on the exam, such as Fundamentals of Ethics, Corporate Governance and Business Law BA4 video tutorials, blogs, study guides, and more. Additionally, you can also practice with realistic CIMA BA4 exam simulations and get feedback on your progress. Finally, you can also share your progress with friends and family and get encouragement and support from them.

Questions 2

You are the manager of the finance function of a large engineering company According to IFAC's drivers of sustainable corporate success, which of the following would be a method by which you could improve the value of your department to the company?

Options:

A.  

Providing ethical leadership which focuses on minimizing environmental costs sustainably.

B.  

Providing ethical and strategic leadership which focuses on sustainable value creation.

C.  

Providing strategic leadership which sustains the maximization of short term value.

D.  

Providing sustainable ethical and strategic leadership which focuses on operating profit.

Discussion 0
Questions 3

Y is completing an internal audit work on the system to approve suppliers to JKL Company. Which of the following would NOT promote a sustainable approach to the company's relationship with it\suppliers?

Options:

A.  

Each supplier must comply with JKL's policy on limiting non-recyclable packaging to 10% of total packaging per contract

B.  

Haulage firms must demonstrate that they have a policy to reduce emissions from their fleet

C.  

Each year approval as a supplier to the company will only be granted if the prices paid to the supplier are reduced by 1%

D.  

Preference will be given to local suppliers over those located at a greater distance from the company

Discussion 0
Questions 4

A business has been registered under the name ABC Ltd. Which of the following types of business organization must this be?

Options:

A.  

A partnership.

B.  

A public limited company.

C.  

A private limited company.

D.  

Either a private limited company or a public limited company.

Discussion 0
Questions 5

Which of the following is correct?

(i) A liquidated damages clause will be void if it amounts to a penalty clause.

(ii) A liquidated damages clause will apply where it is a genuine attempt to pre-estimate the loss caused by a breach of contract.

(iii) A liquidated damages clause is void if it is for an amount in excess of the actual loss caused by the breach of contract. 

Options:

A.  

(i) and (ii) only

B.  

(ii) only

C.  

(i), (ii) and (iii)

D.  

(iii) only

Discussion 0
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