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CIMA BA4 Exam Syllabus Topics:

CIMA Fundamentals of Ethics - Corporate Governance and Business Law Sample Questions:

1. Which of the following is incorrect?
(i) All contracts must be in writing.
(ii) A contract to sell land must be in writing.
(iii) A contract of employment must be in writing.

A) (i) and (iii) only
B) (ii) and (iii) only
C) (i) only
D) (i), (ii) and (iii).

2. Your boss knows that you will always strive to deliver a project on time and on budget. Which TWO of the personal qualities identified by the CIMA Code of Ethics does this demonstrate?

A) Courtesy
B) Timeliness
C) Respect
D) Reliability

3. One of your colleagues is running an event to raise money for a local charity. One evening, you see her taking boxes of pens, notepads and post-it notes. When you challenge her, she says that she is taking them for her fundraising and, although she has not asked permission to take them, she is sure the company will not mind. Is this an ethical issue and why?

A) Yes - she should not be undertaking charitable initiatives
B) Yes - she is using company property for other purposes without permission
C) No - the company would undoubtedly not mind her using the stationery for charitable purposes, so there is nothing wrong with her taking it
D) No - it is just stationery and nothing valuable

4. Which of the following is an 'interest stakeholder' in an organization?

A) Government
B) Employee
C) Customer
D) Competitor

5. Governance denotes the generic way an organization is run with particular emphasis on:

A) Accountability, integrity, risk management
B) Accounting, integrity, risk management
C) Accounting, integration, financial management
D) Accountability, integration, financial management

Solutions: