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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

Which of the 'fundamental principles' of CIMA's Code of Ethics is defined as follows?

 

"A professional accountant should comply with the relevant laws and regulations and should avoid any action that discredits the profession"

Options:

A.

Integrity

B.

Objectivity

C.

Professional competence and due care

D.

Professional behavior

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Question 2

Which of the following is INCORRECT in relation to the Unfair Terms in Consumer Contracts Regulations 1999?

Options:

A.

The regulations only apply to standard form contracts.

B.

The regulations only apply to exemption clauses.

C.

The regulations only apply to consumer contracts entered into by a human being and do not apply to limited companies.

D.

Whether or not a clause is written in plain English is a factor which may be taken into account in deciding whether the term is unfair.   

Question 3

Why does life-long learning require commitment? Choose TWO options.

Options:

A.

Rapid advances in technology

B.

Evolving regulations

C.

Career progression

D.

Computer virus-protection

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