CIMA BA4 Dumps : Fundamentals of Ethics - Corporate Governance and Business Law

BA4 real exams

Exam Code: BA4

Exam Name: Fundamentals of Ethics - Corporate Governance and Business Law

Updated: Sep 11, 2026

Q & A: 660 Questions and Answers

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CIMA BA4 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: General Principles of Legal System, Contract and Employment Law15%- Business law fundamentals
  • 1. Employment law basics
    • 2. Contract formation and enforcement
      • 3. Legal systems and sources of law
        Topic 2: Business Ethics and Ethical Conflict30%- Ethical principles and professional behaviour
        • 1. Professional independence, objectivity, and integrity
          • 2. Nature of ethics and values in accounting
            • 3. Ethical dilemmas and conflict resolution
              Topic 3: Company Administration10%- Corporate legal administration
              • 1. Company formation and structure
                • 2. Corporate compliance and filings
                  Topic 4: Corporate Governance, Controls and Corporate Social Responsibility45%- Corporate social responsibility
                  • 1. CSR principles and sustainability reporting
                    - Internal controls and audit
                    • 1. Risk management and control systems
                      • 2. Internal audit and external audit roles
                        - Corporate governance framework
                        • 1. Role of boards and directors
                          • 2. OECD principles and governance codes

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

                            Question #1

                            Which of the following are benefits a company might gain from having NEDs on their audit committee?
                            Select ALL that apply.

                            • A. Independence in dealing with auditors.
                            • B. Independent review of risk and reporting.
                            • C. New directors are fairly appointed.
                            • D. They are fairly paid (not too high or low).
                            Answer: A,B
                            Question #2

                            W, a junior accountant, passed all his qualifications with distinction, and has received high praise for the quality of the work he has done. However, he always delivers his work late, believing it is more important to be thorough than to be on time. Which personal quality is W lacking?

                            • A. Timeliness
                            • B. Courtesy
                            • C. Reliability
                            • D. Respect
                            Answer: A
                            Question #3

                            Section 172 of the Companies Act 2006 provides that directors must promote the success of the company for the benefit of its members. Which of the following factors must be taken account of in complying with this duty?
                            (i) The interests of the company's employees
                            (ii) The likely consequence of any decision in the long term
                            (iii) The impact of the company's operations on the community and the environment

                            • A. (i), (ii) and (iii)
                            • B. (i) and (ii) only
                            • C. (i) only
                            • D. (ii) and (iii) only
                            Answer: A
                            Question #4

                            Regarding auditor remuneration, a self-interest threat to professional competence and due care is created if

                            • A. a professional accountant in public practice solicits new work through advertising or other forms of marketing
                            • B. a gift from a client is accepted
                            • C. the competitive fee quoted did not recognize the complexity of the assignment
                            • D. the auditor accepts a referral of a new client from an existing client
                            Answer: B
                            Question #5

                            You are happy to be held accountable for your actions and hope that others can trust and depend upon you. Which TWO of the personal qualities identified by the CIMA Code of Ethics does this demonstrate?

                            • A. Timeliness
                            • B. Responsibility
                            • C. Reliability
                            • D. Respect
                            Answer: B,C

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