CIMAPRA17-BA4-1-ENG Dumps

CIMAPRA17-BA4-1-ENG Braindumps CIMAPRA17-BA4-1-ENG Real Questions CIMAPRA17-BA4-1-ENG Practice Test CIMAPRA17-BA4-1-ENG Actual Questions

CIMA

CIMAPRA17-BA4-1-ENG

Fundamentals of Ethics, Corporate Governance and Business Law

https://killexams.com/pass4sure/exam-detail/CIMAPRA17-BA4-1-ENG

Question: 89

Miss B is working closely with Mr L to deliver an important report on the efficiency of Mr L’s department. They have had to work late together several times, and last night they went out to dinner afterwards. Miss B is starting to think she may have feelings for Mr L.

Could her independence be called into question?

A . Yes, her feelings could be influencing her independence of mind

B . No, she is not actually dating Mr L so her independence of appearance is not compromised C . No, provided she does not act on her feelings and continues to be professional

D . Yes, having dinner with a work colleague can affect her independence of appearance

Answer: A

Question: 90

ABC Accountants has taken out an advert in its local paper to promote its services. Mr B, an account manager, is uncomfortable, as the advert says that ABC is expert in charitable tax issues, and he knows that none of the partners have that expertise. However, Mr B does not want to be thought of as a ‘trouble maker’ by bringing the matter up with his manager.

Which TWO things should Mr B do?

A . Seek guidance from CIMA’s Code of Ethics B . Seek guidance from his line-manager

C . Do nothing

D . Speak to the local paper

Answer: A,B

Question: 91

What can companies do in order to minimize the likelihood of future legislation? A . Maintain effective self regulation

B . Insist on the highest standards of ethical behavior from their company and its employees C . Understand and address what the public expects of companies in terms of ethical behavior and social responsibilities

D . All of the above

Answer: D

Question: 92

Completing work within established deadlines reflects the personal quality identified by the CIMA Code of Ethics as: A . Responsibility

B . Accuracy C . Timeliness D . Tardiness

Answer: C

Question: 93

Which of the following statements are correct?

1. A claim for unfair dismissal must be made to an industrial tribunal within 3 months of the effective date of termination.

   
   

2. A claim for wrongful dismissal must be made to an industrial tribunal within 6 years of the effective date of termination.

   
   

3. A claim for wrongful dismissal must be made to an industrial tribunal within 3 months of the effective date of termination.

A . (i) and (ii) B . (i)

C . (ii)

D . (i) and (iii)

Answer: A

Question: 94

Which of the following statements is incorrect?

1. A term may be implied into a contract on the basis of previous dealings between the parties.

   
   

2. A term may be implied into a contract by statute.

   
   

3. A term may be implied into a contract by a court where it would be reasonable to imply it. A . (i) only

B . (i) and (ii) only C . (ii) only

D . (iii) only

Answer: D

Question: 95

In which country are accountants legally required to speak up about certain ethical concerns? A . United Kingdom

B . Italy

C . United States of America D . China

Answer: C

Question: 96

Although no-one has reason to suspect, you have taken a violent dislike to a particular assurance client. This could severely affect your independence:

A . Of belief

B . In appearance C . Of mind

D . In competence

Answer: C

Question: 97

Which of the following is incorrect?

A . All courts below the Supreme Court may refer a case involving European Law to the European Court of Justice for a preliminary ruling.

B . Supreme Court must refer a case involving European Law to the European Court of Justice for a preliminary ruling.

C . An English court is not bound to give effect to a preliminary ruling of the European Court of Justice.

D . A preliminary ruling of the European Court of Justice is sent back to the Court which referred the question and must be given effect by that court.

Answer: C

Question: 98

AB Ltd contracted to deliver two desks and three filing cabinets to CD Ltd. On the day when delivery was due to take place AB Ltd did not have a vehicle with sufficient capacity to hold all the goods. As a result AB Ltd delivered the two desks only

Which of the following is correct?

A . The contract between AB Ltd and CD Ltd is frustrated. B . CD Ltd is legally entitled to refuse delivery of the desks

C . The failure to deliver the filing cabinets is a breach of a warranty which entitles CD Ltd to claim damages

D . The delivery of the desks amounts to substantial performance of the contract and CD Ltd is obliged to pay the contract price less an amount for the defects in performance

Answer: B

Question: 99

While working as an accountant, you are asked to overlook certain irregularities in your company’s accounts. This is likely to result in tensions described by which TWO of the following four options:

A . Personal and societal values

B . Personal and corporate values

C . Professional and corporate values D . Professional and societal values

Answer: B,C

Question: 100

Which of the following terms can be defined as follows? "…the way an organization manages its relationships"

A . Ethics

B . Social responsibility C . Corporate governance D . Professional behavior

Answer: B

6$03/( 48(67,216

7KHVH TXHVWLRQV DUH IRU GHPR SXUSRVH RQO\ )XOO YHUVLRQ LV XS WR GDWH DQG FRQWDLQV DFWXDO TXHVWLRQV DQG DQVZHUV

.LOOH[DPV FRP LV DQ RQOLQH SODWIRUP WKDW RIIHUV D ZLGH UDQJH RI VHUYLFHV UHODWHG WR FHUWLILFDWLRQ H[DP SUHSDUDWLRQ 7KH SODWIRUP SURYLGHV DFWXDO TXHVWLRQV H[DP GXPSV DQG SUDFWLFH WHVWV WR KHOS LQGLYLGXDOV SUHSDUH IRU YDULRXV FHUWLILFDWLRQ H[DPV ZLWK FRQILGHQFH +HUH DUH VRPH NH\ IHDWXUHV DQG VHUYLFHV RIIHUHG E\ .LOOH[DPV FRP

$FWXDO ([DP 4XHVWLRQV .LOOH[DPV FRP SURYLGHV DFWXDO H[DP TXHVWLRQV WKDW DUH H[SHULHQFHG LQ WHVW FHQWHUV 7KHVH TXHVWLRQV DUH XSGDWHG UHJXODUO\ WR HQVXUH WKH\ DUH XS WR GDWH DQG UHOHYDQW WR WKH ODWHVW H[DP V\OODEXV %\ VWXG\LQJ WKHVH DFWXDO TXHVWLRQV FDQGLGDWHV FDQ IDPLOLDUL]H WKHPVHOYHV ZLWK WKH FRQWHQW DQG IRUPDW RI WKH UHDO H[DP

([DP 'XPSV .LOOH[DPV FRP RIIHUV H[DP GXPSV LQ 3') IRUPDW 7KHVH GXPSV FRQWDLQ D FRPSUHKHQVLYH FROOHFWLRQ RI TXHVWLRQV DQG DQVZHUV WKDW FRYHU WKH H[DP WRSLFV %\ XVLQJ WKHVH GXPSV FDQGLGDWHV FDQ HQKDQFH WKHLU NQRZOHGJH DQG LPSURYH WKHLU FKDQFHV RI VXFFHVV LQ WKH FHUWLILFDWLRQ H[DP

3UDFWLFH 7HVWV .LOOH[DPV FRP SURYLGHV SUDFWLFH WHVWV WKURXJK WKHLU GHVNWRS 9&( H[DP VLPXODWRU DQG RQOLQH WHVW HQJLQH 7KHVH SUDFWLFH WHVWV VLPXODWH WKH UHDO H[DP HQYLURQPHQW DQG KHOS FDQGLGDWHV DVVHVV WKHLU UHDGLQHVV IRU WKH DFWXDO H[DP 7KH SUDFWLFH WHVWV FRYHU D ZLGH UDQJH RI TXHVWLRQV DQG HQDEOH FDQGLGDWHV WR LGHQWLI\ WKHLU VWUHQJWKV DQG ZHDNQHVVHV

*XDUDQWHHG 6XFFHVV .LOOH[DPV FRP RIIHUV D VXFFHVV JXDUDQWHH ZLWK WKHLU H[DP GXPSV 7KH\ FODLP WKDW E\ XVLQJ WKHLU PDWHULDOV FDQGLGDWHV ZLOO SDVV WKHLU H[DPV RQ WKH ILUVW DWWHPSW RU WKH\ ZLOO UHIXQG WKH SXUFKDVH SULFH 7KLV JXDUDQWHH SURYLGHV DVVXUDQFH DQG FRQILGHQFH WR LQGLYLGXDOV SUHSDULQJ IRU FHUWLILFDWLRQ H[DPV

8SGDWHG &RQWHQW .LOOH[DPV FRP UHJXODUO\ XSGDWHV LWV TXHVWLRQ EDQN DQG H[DP GXPSV WR HQVXUH WKDW WKH\ DUH FXUUHQW DQG UHIOHFW WKH ODWHVW FKDQJHV LQ WKH H[DP V\OODEXV 7KLV KHOSV FDQGLGDWHV VWD\ XS WR GDWH ZLWK WKH H[DP FRQWHQW DQG LQFUHDVHV WKHLU FKDQFHV RI VXFFHVV

7HFKQLFDO 6XSSRUW .LOOH[DPV FRP SURYLGHV IUHH [ WHFKQLFDO VXSSRUW WR DVVLVW FDQGLGDWHV ZLWK DQ\ TXHULHV RU LVVXHV WKH\ PD\ HQFRXQWHU ZKLOH XVLQJ WKHLU VHUYLFHV 7KHLU FHUWLILHG H[SHUWV DUH DYDLODEOH WR SURYLGH JXLGDQFH DQG KHOS FDQGLGDWHV WKURXJKRXW WKHLU H[DP SUHSDUDWLRQ MRXUQH\

'PS .PSF FYBNT WJTJU IUUQT LJMMFYBNT DPN WFOEPST FYBN MJTU

.LOO \RXU H[DP DW )LUVW $WWHPSW *XDUDQWHHG