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Last Updated: Sep 07, 2026

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CIMA BA4 Practice Q&A's

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CIMA BA4 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Corporate Governance, Controls and Corporate Social Responsibility45%- Corporate social responsibility
  • 1. CSR principles and sustainability reporting
    - Corporate governance framework
    • 1. OECD principles and governance codes
      • 2. Role of boards and directors
        - Internal controls and audit
        • 1. Internal audit and external audit roles
          • 2. Risk management and control systems
            Topic 2: Company Administration10%- Corporate legal administration
            • 1. Company formation and structure
              • 2. Corporate compliance and filings
                Topic 3: Business Ethics and Ethical Conflict30%- Ethical principles and professional behaviour
                • 1. Ethical dilemmas and conflict resolution
                  • 2. Professional independence, objectivity, and integrity
                    • 3. Nature of ethics and values in accounting
                      Topic 4: General Principles of Legal System, Contract and Employment Law15%- Business law fundamentals
                      • 1. Employment law basics
                        • 2. Legal systems and sources of law
                          • 3. Contract formation and enforcement

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

                            Question #1

                            Mr X's wife is gravely ill. He accepts money from a client to falsify some accounts. The client is a contractor, being paid by the Government to build a bridge over a river. The accounts now state that more expensive materials were used to build the bridge. The money helps Mr X pay for his wife's medical treatment. Is this an example of a 'victimless crime'?

                            • A. Yes. Mr X needed the money to help his wife - family is more important
                            • B. Yes. Mr X has a duty to do as his client asked
                            • C. No. The contractor is being paid to build a bridge with tax payers' money. If it is built with poor quality materials it may collapse, wasting money, and potentially causing an accident
                            • D. Yes. Mr X used the money to get help for his wife. The bridge was built anyway
                            Answer: C
                            Question #2

                            In relation to international regulations, which of the following is correct?
                            i. International regulations seek to establish common standards between professions practicing in different States so as to further international cooperation and agreement.
                            ii. International regulations agreed by the professional bodies of different States have the force of international law.
                            iii. International regulations which harmonies standards and procedures may be incorporated into contracts by commerce and the professions.

                            • A. (i) only
                            • B. (i) and (ii) only
                            • C. (i), (ii) and (iii)
                            • D. (i) and (iii) only
                            Answer: D
                            Question #3

                            Which of the following remedies is not available for a breach of a contract to provide personal services?

                            • A. Rescission.
                            • B. Damages.
                            • C. An injunction.
                            • D. A decree of specific performance.
                            Answer: D
                            Question #4

                            Which of the following is incorrect?

                            • A. A special resolution is needed to dismiss a director if the Articles of Association provide that he is to be a director for life.
                            • B. A director who is under threat of removal has the right to speak at the meeting, whether or not he is a member.
                            • C. The company must be given 28 days' notice of a proposed resolution to dismiss a director.
                            • D. A director may be removed from office for any reason by an ordinary resolution.
                            Answer: A
                            Question #5

                            Matty dreams of owning his own business but can't be bothered to follow the steps involved in setting one up.
                            What should he do?

                            • A. Become a sole trader.
                            • B. Set one up anyway but only complete the most important steps.
                            • C. Purchase an off the shelf company.
                            • D. Walk away from his dream - the only way he can own his own business is by following the steps involved in setting one up.
                            Answer: C
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