Online Access Free CIMA.BA4.v2022-04-23.q232 Practice Test (Page 33)

BA4 Exam Question 156

Which of the following is not a source of English law?

A.Legislation.

B.European law.

C.Roman law.

D.Common law.

BA4 Exam Question 157

Which of the following are likely advantages of being a sole trader? Select ALL that apply.

A.No formal procedures required to set up the business.

B.Working hours will be relatively short.

C.They have limited personal responsibility in regards to the debts of the business.

D.They retain all profits.

E.Greater degree of independence.

F.Expansion is likely to be fast.

BA4 Exam Question 158

An auditor would trace copies of sales invoices lo shipping documents in order to check for which of the following errors?

A.Goods sent to customers have not been invoiced

B.Goods which were sent to customers have not been recorded in the individual customer's ledger account

C.Goods which have been invoiced have not been sent to customers

D.Goods which have been invoiced have not been recorded in the sales ledger.

BA4 Exam Question 159

Which of the following statements are correct in relation to an offer?
1. An offer may be made to the whole world
2. An offer cannot be withdrawn until the offeree has had the opportunity of accepting or rejecting the offer.
3. An item in a shop window marked "Special Offer" is not an offer in law.

A.2 only

B.1 and 3 only

C.1 only

D.1 and 2 only

BA4 Exam Question 160

According to CIMA, which TWO of the following are responsibilities of a professional accountant?

A.To exclusively satisfy the needs of an individual client or employer

B.To comply with the ethical requirements of an employer's and professional body's code of ethics

C.To act in the public interest

D.To never question the truth of the information provided by an employer or client

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BA4 Exam Question 156

BA4 Exam Question 157

BA4 Exam Question 158

BA4 Exam Question 159

BA4 Exam Question 160

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