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CIMA BA4 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: General Principles of the Legal System, Contract and Employment Law | 15% | - Legal system fundamentals - Contract law basics - Employment law essentials |
| Topic 2: Business Ethics and Ethical Conflict | 30% | - Professional ethics principles - Ethical dilemmas and resolution - Nature and importance of ethics |
| Topic 3: Company Administration | 10% | - Administration and management of companies - Types of business organisation |
| Topic 4: Corporate Governance, Controls and Corporate Social Responsibility | 45% | - Corporate social responsibility (CSR) - Role of board and directors - Principles of corporate governance - Internal controls and audit |
CIMA Fundamentals of Ethics - Corporate Governance and Business Law Sample Questions:
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. Identify the situation to superiors before continuing with the professional service involved
- C. Refuse to remain associated with the matter creating the conflict, where possible
- D. Proceed unless the situation will involve breaking the law
Correct Answer: C 🗳️
Which of the following is INCORRECT in relation to the company secretary?
- A. The company secretary is the chief administrative officer of the company
- B. The company secretary may bind the company in contract if she/he has actual or ostensible authority
- C. All companies must have a company secretary
- D. The company secretary of a public company must be appropriately qualified
Correct Answer: C 🗳️
Avoiding any action that discredits the profession relates to which CIMA Code of Ethics fundamental principle?
- A. Objectivity
- B. Professional behavior
- C. Integrity
- D. Professional competence and due care
Correct Answer: B 🗳️
Which of the following might a company experience if they were to implement internal control measures?
Select ALL that apply.
- A. Less paper work
- B. A requirement to hire external auditors
- C. More control
- D. Less bureaucracy
- E. Reduced risk
Correct Answer: B,C,E 🗳️
Maintaining professional knowledge and skill at the level required to ensure that a client or employer receives competent professional service demonstrates the CIMA Code of Ethics fundamental principle of:
- A. Objectivity
- B. Professional behavior
- C. Integrity
- D. Professional competence and due care
Correct Answer: D 🗳️
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