Exam Name: Fundamentals of Ethics - Corporate Governance and Business Law
Certification Provider: CIMA
Corresponding Certification: CIMA Certification
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CIMA BA4 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Corporate Governance, Controls and Corporate Social Responsibility | 45% | - Corporate social responsibility
|
| Topic 2: Business Ethics and Ethical Conflict | 30% | - Ethical principles and professional behaviour
|
| Topic 3: Company Administration | 10% | - Corporate legal administration
|
| Topic 4: General Principles of Legal System, Contract and Employment Law | 15% | - Business law fundamentals
|
CIMA Fundamentals of Ethics - Corporate Governance and Business Law Sample Questions:
Which of the following type of committee is NOT required by the UK Combined Code?
- A. Investment committee
- B. Nominations committee
- C. Remuneration committee
- D. Audit committee
Correct Answer: A 🗳️
What is an essential quality for a professional accountant?
- A. Ethical acumen
- B. Emotional sensitivity
- C. Emotional intelligence
- D. Listening skills
Correct Answer: A 🗳️
Which of the following terms can be defined as follows?
"How an organization manages its relationships in the wider community"
- A. Corporate governance
- B. Professional behavior
- C. Social responsibility
- D. Ethics
Correct Answer: C 🗳️
The holders of a certain minimum percentage of a company's issued share capital are entitled to require the company to circulate a written statement to those entitled to receive notice of the next annual general meeting. What is that minimum percentage?
- A. 15%.
- B. 20%.
- C. 10%.
- D. 5%.
Correct Answer: D 🗳️
Allowing bias, conflict of interest or undue influence of others to override professional or business judgments violates the CIMA Code of Ethics fundamental principle of:
- A. Transparency
- B. Truthfulness
- C. Objection
- D. Objectivity
Correct Answer: D 🗳️
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