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There are many certificates for you to get but which kind of certificate is most authorized, efficient and useful? We recommend you the CIMA certificate because it can prove that you are competent in some area and boost outstanding abilities. If you buy our study materials you will pass the test smoothly and easily. We boost professional expert team to organize and compile the BA4 training materials diligently and provide the great service which include the service before and after the sale, the 24-hours online customer service and refund service. Our BA4 real quiz boosts 3 versions and varied functions to make you learn comprehensively and efficiently. The learning of our study materials costs you little time and energy and we update them frequently. To understand our BA4 learning questions: Fundamentals of Ethics - Corporate Governance and Business Law in detail please look at the introduction of our product as follow.

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CIMA Fundamentals of Ethics - Corporate Governance and Business Law Sample Questions:

1. According to the CIMA code of ethics, if appropriate safeguards cannot be identified to address threats to compliance with fundamental principles, a professional accountant should:

A) Proceed with necessary caution
B) Proceed unless the situation will involve breaking the law
C) Identify the situation to superiors before continuing with the professional service involved
D) Refuse to remain associated with the matter creating the conflict, where possible

2. The directors of Zed Ltd issued a number of shares to their supporters, so that they would vote against a takeover bid by Exe Ltd.
Which of the following statements is INCORRECT?

A) The share issue is voidable and the original shareholders may ratify or cancel the issue by ordinary resolution.
B) If the directors had the legal authority to issue shares, the issue cannot be challenged by the shareholders.
C) If the shares were issued for cash, they should have first been offered to the existing members in proportion to their current shareholding unless statutory pre-emption rights have been dis-applied.
D) If the shares were issued for a non-cash consideration, they were not subject to the statutory pre- emption rights of shareholders unless the articles of association so provided.

3. Which of the following may cause a director to be disqualified from acting as a director under the Company Directors Disqualification Act 1986?
(i) Persistent default by the director in complying with the filing requirements under the Companies Acts.
(ii) Causing a company to continue to trade at a time when the director ought to know that insolvency is inevitable.
(iii) Carrying on business with intent to defraud creditors.

A) (ii) only
B) (i) and (ii) only
C) (i), (ii) and (iii)
D) (i) only

4. Which ONE of the following statements is correct in relation to the UK Corporate Governance Code?

A) If the Code is ignored by any company, no action may be taken as it has no legal status
B) If a public company fails to comply with the Code, it may be sued for breach of statutory duty by those who have suffered loss as a result
C) If a listed public company fails to produce a report explaining why it has not implemented the Code's recommendations, it has acted in breach of the Code
D) If any company fails to comply with the Code, the directors may be sued for breach of duty by the company on behalf of the shareholders

5. After the Companies Act 2006, which of the following is correct in relation to a reduction of capital by a public company?
(i) If the reduction results in the company no longer having the authorized minimum capital for a public company, it may be necessary to re-register as a private company.
(ii) The Articles of Association may restrict the company's ability to reduce capital.
(iii) The reduction must be approved by the court.

A) (i) and (ii) only
B) (i), (ii) and (iii)
C) (i) only
D) (ii) and (iii) only

Solutions: