Summer Certification Limited Time 70% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code = getmirror

Pass the CIMA Certificate BA4 Questions and answers with ExamsMirror

Practice at least 50% of the questions to maximize your chances of passing.
Exam BA4 Premium Access

View all detail and faqs for the BA4 exam

Go to Exam

698 Students Passed

96% Average Score

92% Same Questions
Viewing page 3 out of 14 pages
Viewing questions 31-45 out of questions
Questions # 31:

Which of the following statements reflects the leadership principles of corporate governance on board behavior?

Options:

A.

Good governance practice vests the responsibility for board decision making with the CEO

B.

Good governance practice encourages control to be concentrated in the hands of one director

C.

Good governance practice encourages independent challenge and rigour in strategic development

D.

Good governance practice encourages compromise, consensus and discourages confrontation in board decision-making

Questions # 32:

ABC Ltd has resolved to purchase the business of ST Ltd for £500,000. ABC Ltd is to pay ST Ltd for the business by issuing ordinary £1 shares rather than cash. As the market value of ABC Ltd's shares is £5 per share, ABC Ltd is to issue to ST Ltd 100,000 ordinary £1 shares. Which of the following is incorrect?

Options:

A.

The issue is lawful as ABC Ltd may issue its shares for a non-cash consideration.

B.

The issue is lawful because ABC Ltd does not need to first offer the new shares to its existing members.

C.

The issue is only lawful if the directors have the necessary authority to issue the shares.

D.

The issue is only lawful if ABC Ltd arranges to have the business valued by the company's auditor.

Questions # 33:

Who is entitled to sue under Section 994 of the Companies Act 2006, which empowers the court to grant a remedy in the event of the company's affairs being conducted in a manner "unfairly prejudicial to the interests of members…"?

Options:

A.

Any member.

B.

The holders of at least 10% of the company's issued share capital.

C.

The shareholders as a whole.

D.

The directors.

Questions # 34:

Which of the following are TWO reasons why new legislation might be introduced in response to corporate scandals?

Options:

A.

To prevent this type of unethical behavior by making it illegal

B.

To punish individuals for adhering to codes of ethics

C.

To encourage companies to make their own decisions about ethical matters

D.

To enforce minimum standards of behavior

Questions # 35:

Which of the following is INCORRECT in relation to the United States of America (USA)?

(i) In the event of a conflict between state and federal legislation, state legislation is superior.

(ii) The USA has a federal system of government.

(iii) Legislation is enacted by Congress.

Options:

A.

(i) only

B.

(i) and (ii) only

C.

(i) and (iii) only

D.

(iii) only

Questions # 36:

Which of the following statements is incorrect in relation to the Memorandum of Association of a company which is registered after the Companies Act 2006 is fully in force?

Options:

A.

The Memorandum of Association will no longer be a company's superior constitutional document.

B.

The Memorandum of Association must state that the subscribers wish to form a company under the Act.

C.

The Memorandum of Association must state that the subscribers agree to become members of the company.

D.

The Memorandum of Association must contain a statement of the company's authorized share capital.

Questions # 37:

Which of the following is correct?

(i) The first directors are appointed upon the incorporation of the company.

(ii) A director is a person who occupies the position of director by whatever name called.

(iii) A shadow director is a person in accordance with whose directions or instructions the directors of the company are accustomed to act.

Options:

A.

(i) only

B.

(i) and (ii) only

C.

(ii) and (iii) only

D.

(i), (ii) and (iii)

Questions # 38:

Decklt is a skateboard manufacturer that is ethically run and has a good reputation.

However, it has just transpired that one of their suppliers - with whom they have a good relationship with due to their cheap prices - is involved in a serious fraud case.

What should Decklt do?

Options:

A.

Immediately cut all ties with the company and look for a different supplier.

B.

Stick with the supplier as they won't be able to find cheaper prices elsewhere.

C.

Stick with the supplier but let the relevant regulatory bodies know that Decklt had nothing to do with their illicit activity.

D.

Immediately cut all ties with the supplier and discontinue all products that are made using their materials.

Questions # 39:

Which of the following statements is correct regarding dismissal?

Options:

A.

An employee who has been unfairly dismissed may claim compensation

B.

An employee who has been dismissed because of membership of a trade union has been wrongfully dismissed

C.

An employee who has been wrongfully dismissed may claim damages and reinstatement

D.

An employee who is dismissed without the correct notice has been unfairly dismissed

Questions # 40:

The body responsible for reviewing the operations of the accounting profession worldwide is:

Options:

A.

The Professional Oversight Board for Accountancy

B.

The International Federation of Accountants

C.

The Financial Reporting Council

D.

The Financial Review Board

Questions # 41:

In Germany the two-tier board structure is used by many limited liability companies. A two-tier board structure is made up of a Management Board and which other organ?

Options:

A.

A Supervisory Board

B.

A Nominations Committee

C.

A Quality Assurance Board

D.

A Remuneration Committee

Questions # 42:

In the event of a conflict between European Law and French Law which will prevail?

Options:

A.

French private law

B.

French public law

C.

The French Code Civile

D.

European law

Questions # 43:

  Which of the following is INCORRECT in relation to directors' duties?

i. Directors who arrange for shares to be offered directly to their supporters in order to prevent a take-over bid are acting lawfully so long as they have the legal power to allot shares in the company's constitution.

ii. Directors may act in breach of their duties and still be complying with the UK Corporate Governance Code.

iii. Directors' duties are owed to the shareholders as a body and enforceable by the company.

Options:

A.

(i) only

B.

(i) and (ii) only

C.

(ii) only

D.

(ii) and (iii) only

Questions # 44:

Which of the following is NOT one of the 'seven principles of public life', as defined by the Committee of Standards in Public Life?

Options:

A.

Leadership

B.

Professionalism

C.

Honesty

D.

Integrity

Questions # 45:

Which of the following is INCORRECT in relation to the Unfair Terms in Consumer Contracts Regulations 1999?

Options:

A.

The regulations only apply to standard form contracts.

B.

The regulations only apply to exemption clauses.

C.

The regulations only apply to consumer contracts entered into by a human being and do not apply to limited companies.

D.

Whether or not a clause is written in plain English is a factor which may be taken into account in deciding whether the term is unfair.   

Viewing page 3 out of 14 pages
Viewing questions 31-45 out of questions
TOP CODES

TOP CODES

Top selling exam codes in the certification world, popular, in demand and updated to help you pass on the first try.

2V0-11.25
ADM-201
Agentforce-Specialist
CMMC-CCP
Data-Cloud-Consultant
PDI
PSE-Strata-Pro-24
Secure-Software-Design
Sharing-and-Visibility-Architect
Workday-Pro-Integrations
ZDTA