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BA4 Exam Dumps - Fundamentals of Ethics, Corporate Governance and Business Law

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Question # 4

Pascal later heads off to the party where he proceeds to tell everyone about his amazing first day at work and the huge profits his new company are making and how much he's already saved them. "My future is bright"

he tells everyone!

Again, Pascal has breached CIMA's ethical principles.

Which of the following has he breached?

Select ALL that apply.

A.

Confidentiality

B.

Professional competence and due care

C.

Integrity

D.

Professional behaviour

E.

Objectivity

F.

Confidentiality + Integrity

G.

Professional competence and due care + Objectivity

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Question # 5

Which of the following would NOT violate the CIMA Code of Ethics fundamental principle of confidentiality?

A.

Disclosing publicly available information

B.

Using sensitive information gained with a previous employer for the advantage of a new employer

C.

Not disclosing information if required to do so by law

D.

Disclosing confidential information to third parties

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Question # 6

Which of the following is correct?

(i) Purchasing a "shelf company" enables business to commence more quickly.

(ii) It is generally cheaper to purchase a "shelf company", than to arrange for a solicitor or accountant to register a new company.

(iii) Incorporating a company by registration enables the company's documents to be drafted to the particular needs of the incorporators.  

A.

(i) and (ii) only

B.

(ii) and (iii) only

C.

(i) and (iii) only

D.

(i), (ii) and (iii)

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Question # 7

How many fundamental principles are identified by the CIMA Code of Ethics?

A.

Three

B.

Four

C.

Five

D.

Six

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Question # 8

Which of the following statements is correct?

A.

An employer is vicariously liable for all acts of his employees committed in the course of their employment.

B.

An employer is vicariously liable for torts committed by his employees in the course of their employment.

C.

An employer is vicariously liable for all torts committed by employees and independent contractors.

D.

An employer is vicariously liable for all the acts committed by employees and independent contractors.

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