CIMA BA4 actual dump : Fundamentals of Ethics - Corporate Governance and Business Law

BA4
  • Exam Code: BA4
  • Exam Name: Fundamentals of Ethics - Corporate Governance and Business Law
  • Updated: Sep 14, 2026
  • Q & A: 660 Questions and Answers

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CIMA BA4 Exam Syllabus Topics:

SectionWeightObjectives
Corporate Governance, Controls and Corporate Social Responsibility45%- External audit and assurance
- Corporate social responsibility and sustainability
- Principles and frameworks of corporate governance
- Roles and responsibilities of directors and officers
- Internal control and risk management
Company Administration10%- Types of business organizations
- Corporate insolvency and administration
- Formation and constitution of companies
- Company financing and capital
General Principles of the Legal System, Contract and Employment Law15%- Employment law, rights and obligations
- Essential elements of a valid contract
- Terms, breach and remedies of contract
- Structure and sources of law
Business Ethics and Ethical Conflict30%- CIMA Code of Ethics and professional values
- Identification and resolution of ethical dilemmas
- Concepts of ethics and business ethics
- Ethics vs law and regulation

CIMA Fundamentals of Ethics - Corporate Governance and Business Law Sample Questions:

Question #1

Which of the following might a company experience if they were to implement internal control measures?
Select ALL that apply.

  • A. More control
  • B. A requirement to hire external auditors
  • C. Reduced risk
  • D. Less paper work
  • E. Less bureaucracy
Answer: A,B,C
Question #2

M's client has asked her to 'leave out' a few figures as he is applying for a bank loan and he wants his management accounts to, in his words, 'look better'. If M does as he asks, he promises to pay her double her fee when the loan money comes through. M is tempted by his offer, her mother has been ill and she would love to take her away on holiday. What should she do?

  • A. Do as the client asks; her mother's health is more important than her professional standing
  • B. Do as the client asks, after all the banks can afford it
  • C. Tell the client she is unable to do as he asks, but that she knows another accountant who is happy to do that kind of thing
  • D. Tell the client she is unable to do as he asks, but she would be happy to write a letter to the bank explaining his financial position
Answer: D
Question #3

Which of the following CANNOT be carried out by a simple contract?

  • A. A contract for the sale of land.
  • B. A contract of employment.
  • C. A contract for the provision of services.
  • D. A contract for the sale of a motor car.
Answer: A
Question #4

DGH is a company operating in the oil and gas industry, which is heavily regulated. The government is considering introducing a new law which is likely to result in a dramatic cut in profitability for DGH.
Which of the following is NOT a legitimate method for DGH to influence government policy in its own best interests?

  • A. Attempting to influence public opinion in order to put pressure on the legislative agenda
  • B. Offering financial incentives to public officials to use their influence on DGH's behalf
  • C. Inviting government ministers to attend the next board meeting of DGH to allow the directors to put forward their view
  • D. Employing lobbyists to put DGH's case to ministers or civil servants.
Answer: B
Question #5

Matty dreams of owning his own business but can't be bothered to follow the steps involved in setting one up.
What should he do?

  • A. Set one up anyway but only complete the most important steps.
  • B. Walk away from his dream - the only way he can own his own business is by following the steps involved in setting one up.
  • C. Become a sole trader.
  • D. Purchase an off the shelf company.
Answer: D

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