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Last Updated: Sep 12, 2026

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CIMA BA4 Practice Q&A's

BA4 PDF
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CIMA BA4 Self Test Engine

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CIMA BA4 Exam Syllabus Topics:

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

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

Question #1

Which of the following does NOT describe the responsibilities of the audit committee?

  • A. The discussion with auditors on any significant matters that arose during the audit. The recommendations on the appointment and removal of auditors. The setting of the audit fee in discussion with the auditors.
  • B. The review of the company's financial statements and any interim reports produced. The review of the company's systems of internal controls. The review of the audit report and any management letter provided by the external auditor
  • C. The review of the internal audit programme and significant findings of the auditors. The review of the company's systems of internal control. The review of the company's system to facilitate whistle blowing
  • D. The review of the company's financial statements and any interim reports produced. The review of the structure, size and composition of the board. The review of the company's internal control and risk management system
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #2

Which of the following is CORRECT in relation to a Limited Liability Partnership ("LLP")?
(i) An LLP is formed by registration with the Registrar of Companies
(ii) Unlike the articles of a company the internal rules of an LLP are not available for public inspection (iii) An LLP is liable to pay corporation tax on its profits

  • A. (i) and (ii) only
  • B. (i) only
  • C. (ii) and (iii) only
  • D. (i), (ii) and (iii)
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #3

Adam, Brian, Charles and David each held 25% of the issued share capital of ABCD Ltd. Adam has recently issued further shares to himself in order to increase his voting power. Which of the following is incorrect?

  • A. The shareholders may challenge the validity of the share issue using Section 994 of the Companies Act
    2006, on the ground that the issue is "unfairly prejudicial to the interests of the shareholders".
  • B. The share issue is automatically invalid.
  • C. The shareholders may ratify the share issue by ordinary resolution.
  • D. The company may proceed against Adam for breach of fiduciary duty.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #4

Which ONE of the following statements is correct?

  • A. Just because there are rules does not mean they should be adhered to by everyone
  • B. Bending the rules is not the same as breaking them
  • C. Just because everyone bends the rules in practice does not mean they should do so
  • D. Everyone bends the rules so it is good practice to do so for the benefit of clients
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #5

B is employed by Zed plc and has suffered an occupational injury.
Which of the following is correct?
Zed plc may be liable to B for:
i. breach of an implied term in B's contract of employment
ii. breach of the duty to take care in the tort of negligence
iii. breach of statutory duty

  • A. (ii) only
  • B. (i) only
  • C. (i), (ii) and (iii)
  • D. (iii) only
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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