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CIMA BA4 Practice Test Questions Answers

Exam Code: BA4 (Updated 661 Q&As with Explanation)
Exam Name: Fundamentals of Ethics, Corporate Governance and Business Law
Last Update: 02-Jul-2025
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Questions Include:

  • Single Choice: 580 Q&A's
  • Multiple Choice: 80 Q&A's
  • Drag Drop: 1 Q&A's

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    BA4 Questions and Answers

    Question # 1

    Which of the following is presumed not to be intended to create legal relations? 

    A.

    A commercial transaction.

    B.

    An agreement by Exe Ltd to make a gift to Wye Ltd.

    C.

    A social arrangement.

    D.

    A contract between father and son.

    Question # 2

    You work for a company based in a capital city that leases office space to other organizations. Which of the following corporate issues is not related to ethics or social responsibility?

    A.

    The energy efficiency of the buildings that you rent out

    B.

    Honest and transparent contracts with your customers

    C.

    Whether your buildings provide a safe and secure environment for workers and visitors

    D.

    Having the prestige of renting out some of a capital city's most famous landmarks

    Question # 3

    Which of the following is one of the fundamental principles identified in the CIMA Code of Ethics?

    A.

    Objectivity

    B.

    Observation

    C.

    Obedience

    D.

    Obsession

    Question # 4

    Which of the following is an 'interest stakeholder' in an organization?

    A.

    Customer

    B.

    Employee

    C.

    Government

    D.

    Competitor

    Question # 5

    Which of the following is incorrect?     

    A.

    A ratio decidendi of the Supreme Court is binding on the Court of Appeal.

    B.

    The Supreme Court is bound by a previous House of Lords ratio decidendi.

    C.

    A ratio decidendi of the Court of Appeal is binding on the High Court.

    D.

    A ratio decidendi of the Supreme Court is binding on the High Court.

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