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You are happy to be held accountable for your actions and hope that others can trust and depend upon you. Which TWO of the personal qualities identified by the CIMA Code of Ethics does this demonstrate?

Options:

Respect

Responsibility

Reliability

Timeliness

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Question 2

Which of the following contracts might be specifically enforceable?

Options:

A has contracted to sell his house to B but has changed his mind and no longer wishes to sell it.

C has contracted to buy a new Ford motor car but the garage is now refusing to honor the contract.

D has contracted to purchase a number of tins of fruit for her business but the seller has now stated that he no longer wishes to proceed with the contract.

E has contracted to sing at a concert organized by F, but E has withdrawn as he has received a more lucrative offer from G.

Question 3

In a situation where a professional accountant needs to choose in whose interest he or she is to behave and act, which of the following interests should he or she put first?

Options:

Employer's interest

Client's interest

CIMA's interest

Public interest

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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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