Cima pass4test ba4 Premium Exam Questions by Percy q453 vce pdf

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Exam Name:	Fundamentals of Ethics, Corporate Governance and Business Law
Exam Code:	BA4 Dumps
Vendor:	CIMA	Certification:	CIMA Certificate
Questions:	661 Q&A's	Shared By:	percy

Question 32

B a new employee, has noticed that other members of staff in the company falsely complete their timesheets at the end of the month, making it look like they have worked more hours than they actually have.

When asked about it, C. another employee stated that management were aware of the practice, but they were happy to tolerate this as long as it was a limited amount extra, and it was up to B to decide whether or not to do the same B decided to add a few extra unworked hours to her own timesheet

This is an example of what type of influence on ethical behavior?

Options:

Professional codes of ethics

Corporate governance

Peer pressure

Corporate culture

Discussion

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Question 33

After the Companies Act 2006, which of the following is correct in relation to a reduction of capital by a public company?

(i) If the reduction results in the company no longer having the authorized minimum capital for a public company, it may be necessary to re-register as a private company.

(ii) The Articles of Association may restrict the company's ability to reduce capital.

(iii) The reduction must be approved by the court.

Options:

(i) only

(i) and (ii) only

(ii) and (iii) only

(i), (ii) and (iii)

Discussion

Question 34

Alan, Ben, Chris and Debbie are the only shareholders in ABCD Ltd, each holding 100 ordinary £1 shares. Alan, who is the company's sole director, has recently learned that Ben, Chris and Debbie are intending to remove him as a director by passing an ordinary resolution. In consequence Alan sold his computer to the company in return for 1,000 ordinary £1 shares. The company was in need of a computer, which was of equal value to the 1,000 ordinary £1 shares.

Which of the following is correct?

Options:

The share issue is valid and Alan may use his 1,100 votes to defeat the resolution proposed by Ben, Chris and Debbie.

The share issue is invalid as it has had the effect of manipulating the voting structure within the company.

The share issue is invalid as the shares should have been offered to all the existing members first.

The share issue is valid as long as Alan has the necessary authority to issue shares.

Discussion

Question 35

Alongside technical competence what, for example, should the management accountant ask themselves?

Options:

Am I being objective and impartial?

Am I telling the client what they want to hear?