Online Access Free BA4 Exam Questions

Being able to be trusted by others to be dependable reflects the personal quality identified by the CIMA Code of Ethics as:

• A.Traditionalism
• B.Transparency
• C.Respect
• D.Reliability

Which of the following groups is a non-financial as opposed to a financial stakeholder of a company?

• A.Competitors
• B.Shareholders
• C.Customers
• D.Suppliers

The body responsible for reviewing the accountancy profession worldwide is:

• A.The Financial Review Board
• B.The Professional Oversight Board for Accountancy
• C.The Financial Reporting Council
• D.The International Federation of Accountants

Which of the following is correct in relation to a company's ability to have a restricted objects clause in its constitution?
(i) A company may restrict its objects in its constitution
(ii) Any clause restricting the company's objects should be included in the company's articles of association (iii) The shareholders may pass a special resolution to alter the company's constitution by including a clause which restricts the company's objects

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

A company's sales team has been told that all planned salary increases and bonuses will be stopped if any member of the team fails to achieve his or her sales target. The team achieves targets but management is surprised by the number of customers who contact the company to complain about aggressive or misleading sales practices. Is this an ethical issue and why?

• A.Yes - the sales team are entirely at fault and should be dismissed
• B.No - meeting sales targets is a business, not an ethical issue
• C.No - the management has behaved unfairly so the way that the sales team has responded is justified
• D.Yes - management has put the sales team under a lot of pressure and members of the team appear to have engaged in unethical sales practices