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CIMA BA4 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Corporate Governance, Controls and Corporate Social Responsibility | 45% | - Corporate governance framework
|
| Company Administration | 10% | - Corporate legal administration
|
| General Principles of Legal System, Contract and Employment Law | 15% | - Business law fundamentals
|
| Business Ethics and Ethical Conflict | 30% | - Ethical principles and professional behaviour
|
CIMA Fundamentals of Ethics - Corporate Governance and Business Law Sample Questions:
The directors of Zed Ltd issued a number of shares to their supporters, so that they would vote against a takeover bid by Exe Ltd.
Which of the following statements is INCORRECT?
- A. If the shares were issued for a non-cash consideration, they were not subject to the statutory pre- emption rights of shareholders unless the articles of association so provided.
- B. If the shares were issued for cash, they should have first been offered to the existing members in proportion to their current shareholding unless statutory pre-emption rights have been dis-applied.
- C. If the directors had the legal authority to issue shares, the issue cannot be challenged by the shareholders.
- D. The share issue is voidable and the original shareholders may ratify or cancel the issue by ordinary resolution.
Correct Answer: C 🗳️
Governance denotes the generic way an organization is run with particular emphasis on:
- A. Accountability, integrity, risk management
- B. Accounting, integrity, risk management
- C. Accountability, integration, financial management
- D. Accounting, integration, financial management
Correct Answer: A 🗳️
Which of the following is a common law remedy?
- A. Damages
- B. An injunction
- C. Specific performance
- D. Rescission
Correct Answer: A 🗳️
Which of the following statements would amount to indirect discrimination in the workplace?
- A. Applicants for a motor mechanic s position are only considered if they are male
- B. Employee X is not considered for an excellence award because she raised a complaint about sexist comments on the factory floor
- C. All employees in the sales departments are required to be smartly dressed and clean shaven
- D. Only women are promoted in the employee counseling department
Correct Answer: C 🗳️
H is hoping for a promotion. His wife is expecting a baby and they need the extra money. He needs to present the figures for his section, but the true figures do not reflect well on his manager. What should H do?
- A. Present figures which reflect well on the manager: after all H needs his manager's approval to get the promotion
- B. Present the true figures: his motivation should be to be honest
- C. Present the figures which reflect well on the manager: H's family are more important
- D. Present slightly amended figures: after all everybody does this, and H will still be popular with the rest of his section
Correct Answer: B 🗳️
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