CIMA Certification BA4

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

1. The Global Reporting Initiative (GRI) has produced Sustamability Reporting Guidelines, setting out categories and aspects which should be addressed through sustainable reporting.
Place the GRI categories next to the appropriate aspect of sustamability below.

2. X is in the process of setting up a private company limited by shares X is considering including certain provisions in the articles of association. Which of the following provisions would be enforceable by and against the company?
1 Dividend rights of the members
2. Terms relating to bonuses of directors
3. Payment terms of suppliers.

A) 1 and 2 only
B) 2 and 3 only
C) 1 only
D) 1,2 and 3

3. The introduction of restrictions on how companies are permitted to advertise to children is a UK government reaction to a tension between:

A) Professional and corporate values
B) Corporate and societal values
C) Personal and professional values
D) Personal and societal values

4. As a general rule, what period of continuous employment is required before a person can make a claim for unfair dismissal?

A) at least 2 years
B) at least 6 months
C) at least 3 years
D) at least 9 months

5. According to Carroll's model of CSR, which of the following is TRUE of a company's legal responsibility?

A) It provides a rule book for ensuring a reasonable return for shareholders
B) It equates with doing what is right. just and fair
C) It provides guidance relating to philanthropic responsibility
D) It provides a base line for operating within society

Solutions: