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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: October 4, 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

Being straightforward and honest in all professional and business relationships demonstrates the CIMA Code of Ethics fundamental principle of:

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Correct Answer: D

Question No. 2

Which of the following is incorrect in relation to the memorandum of association when registering a company limited by shares?

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Correct Answer: B

Question No. 3

Wye Ltd has an issued share capital of 500,000 ordinary 20p shares. The company wishes to consolidate its shares into 100,000 ordinary 1 shares. Which of the following is CORRECT?

(i) Wye Ltd must have the power to consolidate its share capital in its articles of association

(ii) Consolidation is lawful for a private company but not for a public company

(iii) The consolidation must be authorized by the shareholders of Wye Ltd passing an ordinary resolution

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Correct Answer: B

Question No. 4

Which of the following statements are correct in relation to the purpose of the OECD principles of corporate governance?

1. The principles are regarded by OECD members as representing a common basis essential for the development of good corporate governance practice

2. The principles are intended to be a substitute for individual government's proposals for governance best practice.

3. The principles are intended for the use of OECD members only.

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Correct Answer: B

Question No. 5

If the IFAC Code of Ethics is in conflict with the laws of a particular country, then which of the following statements is TRUE?

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Correct Answer: A

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