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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

Badger has just been offered a job after completing a series of long interviews.

Which of the following would legally form the employment contract between him and his employer:

Options:

A.

A handshake

B.

A signed formal document

C.

A verbal declaration

D.

Any of the above

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Question 2

Being able to be trusted by others to be dependable reflects the personal quality identified by the CIMA Code of Ethics as:

Options:

A.

Traditionalism

B.

Reliability

C.

Respect

D.

Transparency

Question 3

Which of the following must an internal audit satisfy in order to be deemed independent? Select ALL that apply.

Options:

A.

The head of the audit must report to a high level within the organisation.

B.

The internal audit activity must be free from interference.

C.

The head of the internal audit must communicate and interact directly with the board of directors.

D.

Any problems identified during the audit should be reported.

E.

Action plans should be negotiated with management in order to address any identified problems.

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