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BA4 Exam Dumps : Fundamentals of Ethics, Corporate Governance and Business Law

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Fundamentals of Ethics, Corporate Governance and Business Law Questions and Answers

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Question 1

How many fundamental principles are identified by the CIMA Code of Ethics?

Options:

A.

Three

B.

Four

C.

Five

D.

Six

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Question 2

There are several different schools of ethics. Which of the following best represents the ethical approach adopted by the accountancy profession?

Options:

A.

People have a duty to comply with a set of universal principles that apply irrespective of the consequences of their actions

B.

The guiding principle of conduct should be the greatest happiness or benefit of the greatest number.

C.

People should act in their own best interests and an action is only right if it benefits the individual undertaking that action

D.

Virtues such as charity and justice are dispositions to act in ways that benefit both the person possessing them, and society as a whole

Question 3

Which of the following is normally not an implied term of a contract of employment?

Options:

A.

The duty to provide work.

B.

The duty to obey the employer's lawful instructions.

C.

The duty to maintain mutual trust and confidence.

D.

The duty not to disclose confidential information.    

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