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CIMAPRA17-BA4-1 Exam Dumps

Get All BA4 - Fundamentals of Ethics, Corporate Governance and Business Law Exam Questions with Validated Answers

CIMAPRA17-BA4-1 Pack
Vendor: CIMA
Exam Code: CIMAPRA17-BA4-1
Exam Name: BA4 - Fundamentals of Ethics, Corporate Governance and Business Law
Exam Questions: 661
Last Updated: February 26, 2026
Related Certifications: CIMA Certificate in Business Accounting
Exam Tags: Foundational level management accountants and business professionals
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Free CIMA CIMAPRA17-BA4-1 Exam Actual Questions

Question No. 1

Anne, Bill, Chris and Diane are the only directors of ABCD Ltd. Bill is the Chairman of the board and has a casting vote. A board meeting was called to consider a proposal to enter into a contract with EFG Ltd. Which of the following is INCORRECT?

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Correct Answer: B

Question No. 2

C recently purchased some goods at an auction sale. Which of the following is correct?

(i) The contract was concluded by the fall of the Auctioneer's hammer.

(ii) The Auctioneer's call for bids was an invitation to treat.

(iii) Once the bidding had started, the Auctioneer was unable to withdraw the goods from the sale.

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Correct Answer: B

Question No. 3

One of your colleagues is running an event to raise money for a local charity. One evening, you see her taking boxes of pens, notepads and post-it notes. When you challenge her, she says that she is taking them for her fundraising and, although she has not asked permission to take them, she is sure the company will not mind. Is this an ethical issue and why?

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Correct Answer: A

Question No. 4

In which THREE of the following situations might professional accountants be required or permitted to disclose confidential information relating to their employer?

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Correct Answer: C, D, E

Question No. 5

Miss K is a newly qualified accountant working in a highly respected local accountancy firm headed by Mr R, who is a pillar of the community.One night, Miss K is at an out of town bar with friends, when she spots Mr R with Mrs E, a client of the firm. It is obvious they are having a secret affair. Is this an ethical issue?

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Correct Answer: A

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