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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

In the UK, the body responsible for reviewing the regulatory activities of the professional accountancy bodies is:

Options:

A.

The Professional Oversight Board for Accountancy

B.

The International Federation of Accountants

C.

The Financial Reporting Council

D.

The Financial Review Board

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Question 2

Which of the following describes the aim of corporate governance initiatives?

Options:

A.

To remove shareholder responsibility for the conduct of the company.

B.

To reduce the burden of regulation on all companies to increase shareholder wealth

C.

To enable shareholders to reduce their involvement in the governance of the company

D.

To ensure that shareholders may have confidence that the company is well run

Question 3

Which of the following contracts might be specifically enforceable?

Options:

A.

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

B.

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

C.

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.

D.

E has contracted to sing at a concert organized by F, but E has withdrawn as he has received a more lucrative offer from G.

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