CIMA CIMA-BA4
CIMA CIMA BA4 (BA4) Flashcards
What is the difference between absolute and relative ethical theories?
What is teleology/utilitarianism/consequentialism in ethics?
What is the deontology approach to ethics?
What is meant by ‘public interest?
What is IFAC?
Match the following terms to (1) or (2) following:
What is the IESBA?
For what reasons can the principle of confidentiality be breached?
What does that mean in the context of a member of CIMA?
What are four ways or tools in which employees’ personal values can be brought more into line with the organisation’s values?
What is lifelong learning?
What are CIMA’s five fundamental ethical principles??
What are the five classes of threat to professional ethics?
What is the basis of the ethical framework?
What is professional scepticism?
What are the missing labels in two of the circles in the diagram below?
If CIMA’s ethical principles conflict with national law, which should be followed?
What is ‘corporate governance’?
What are the fie headings of the UK Corporate Governance CODE?
What are the five OECD principles of corporate governance?
Which of the UK Corporate Governance Code and the USA’s Sarbanes Oxley has the force of law?
What are these committees?
What are IFAC’s eight drivers for sustainable corporate success?
What are the two levels of a two-tier board system?
What is meant by the term ‘assurance’?
Why is external audit needed?
With regard to directors and shareholders, who are the principals and who are the agents?
What are the five elements of a set of financial statements?
What are the three ways in which an audit opinion can be modified?
Which of the following statements is/are true? Auditors prepare the financial statements
What word is missing from each of the blanks in the following definition of internal audit?
A receipt of cash is debited to the cash book, but not credited to sales.
An invoice for redecorating is debited to non-current assets.
An invoice from a supplier is entered twice into the accounting system (Dr Purchases; Cr Supplier)
What are the two classes of fraud?
What are the three pre-requisites for fraud?
What are the five elements of an internal control system?
What should go into Internal audit column and row of the table below?
What should go into External audit column and row of the table below?
In internal control systems, what is meant by ‘segregation of duties’?
What are the elements of an anti-fraud policy which lead to fraud deterrence?
What is corporate social responsibility?
What is the ‘triple bottom line’?
What is the Global Reporting Initiative?
What are the requirements for a contract to exist?
What are the two classes of offer?
What is an invitation to treat?
Which of the following constitute acceptance of an offer?
What are the six ways in which offers can be terminated?
If documents relating to a contract are being posted, when do offers, acceptance and revocations occur?
In terms of ‘sufficiency’ and ‘adequacy’ what is the rule for valid consideration?
As an act of goodwill and neighbourly kindness, you paint the front door of someone’s house.
If a grandparent promises to pay for a grandchild’s university education what document is needed to ensure
What is the distinction between a’ term’, a ‘condition’ and a ‘warranty’?
What are the three sources of implied terms?
What are the three requirements for misrepresentation to have occurred?
What are the three requirements for fraudulent misrepresentation?
What is the distinction between ‘a contract for services’ and a ‘contract for service’?
In relation to implied terms in employment contracts, what is the duty of ‘fidelity’?
Equal opportunities legislation mentions three types of illegal behaviour. What are these?
In relation to implied terms in employment contracts, how much care and skill must an employee bring to the job?
What is the difference between bribery and facilitation payments?
What is meant by the term ‘diversity’ in employment?
What are the three stages of money-laundering?
Who has responsibility for health and safety at work? Employers only, employees only, both?
What are the three ways in which employment can be ended?
What is meant by ‘constructive dismissal’?
What are the three potential remedies for unfair dismissal?
What is a partnership?
What are the advantages of forming a limited company?
What are the disadvantages of forming a limited company?
What are the two documents that embody a company’s constitution?
How can the veil of incorporation be lifted?
What is meant by the term ‘corporate veil’?
What are the following:
Card 1 of 75. Question side.