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ABC Accountants has taken out an advert in its local paper to promote its services. Mr B, an account manager, is uncomfortable, as the advert says that ABC is expert in charitable tax issues, and he knows that none of the partners have that expertise. However, Mr B does not want to be thought of as a 'trouble maker' by bringing the matter up with his manager. Which TWO things should Mr B do?

Options:

Seek guidance from CIMA's Code of Ethics

Seek guidance from his line-manager

Do nothing

Speak to the local paper

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Question 2

Which TWO of the following are true of the CIMA Code of Ethics?

Options:

It covers every possible dilemma that an accountant might face

It is based on values rather than compliance

It is a financial requirement of accountants

It establishes the fundamental principles of professional ethics for professional accountants

Question 3

Which of the following is INCORRECT in relation to Shari'ah law?

i. Shari'ah law is intended to provide for a person's spiritual well-being but is not concerned with secular matters.

ii. The Sunnah is one of the primary sources of Shar'iah law.

iii. The salat (daily prayers) is one of the Five Pillars of Islam.

Options:

(i) only

(ii) only

(i) and (ii) only

(iii) only

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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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