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CIMA BA4 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: General Principles of the Legal System, Contract and Employment Law | 15% | - Legal system fundamentals - Contract law basics - Employment law essentials |
| Topic 2: Company Administration | 10% | - Types of business organisation - Administration and management of companies |
| Topic 3: Business Ethics and Ethical Conflict | 30% | - Ethical dilemmas and resolution - Nature and importance of ethics - Professional ethics principles |
| Topic 4: Corporate Governance, Controls and Corporate Social Responsibility | 45% | - Internal controls and audit - Principles of corporate governance - Corporate social responsibility (CSR) - Role of board and directors |
CIMA Fundamentals of Ethics - Corporate Governance and Business Law Sample Questions:
Articles of association regulate the relationship between:
- A. the company and its directors
- B. the company and its creditors
- C. the company and its customers
- D. the company and its members
Correct Answer: D 🗳️
Which of the following is correct in relation to loans to directors of a public company?
- A. If a public company pays the debts of one of its directors on terms that the payment must be repaid by the director, the shareholders must approve the payment
- B. A public company which provides a loan to one of its directors commits a criminal offence unless the loan is approved by the shareholders
- C. A public company cannot make loans to its directors
- D. A public company is not subject to any restrictions when making a loan to one of its directors
Correct Answer: A 🗳️
Michael is conducting a social and environmental audit on a chemicals factory. Which of the following should he review?
- A. Wastage levels and the procedures the company has in place to manage them.
- B. Emissions levels and the procedures the factory has in place to manage them.
- C. Operational efficiency.
- D. Recycling targets and procedures.
- E. Suitability of the project plan, and project management process.
- F. Adherence to health and safety procedures.
- G. Adherence to rules and procedures.
Correct Answer: A,B,D,F 🗳️
Which of the following is correct?
- A. A public limited company cannot trade until it has paid up share capital of at least £50,000.
- B. A private limited company must have at least two shareholders.
- C. The company secretary of a public limited company must be qualified.
- D. The shares of all public limited companies are quoted on the Stock Exchange.
Correct Answer: C 🗳️
In relation to offers, which of the following statements is correct?
- A. An offer to sell goods can be made to the whole world
- B. Statements made in early negotiations cannot amount to offers.
- C. An item displayed in a shop window with a price tag is an offer to sell
- D. Goods displayed on a supermarket shelf are deemed to be offers to sell
Correct Answer: A 🗳️
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