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CIMAPRA17-BA4-1 Dumps

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Q1.

You are the manager of the finance function of a large engineering company According to IFAC's drivers of sustainable corporate success, which of the following would be a method by which you could improve the value of your department to the company?

Answer: B
Q2.

Corporate governance codes may either be rules-based or principles-based

Which of the following statements correctly describes a rules-based approach to corporate governance?

Answer: D
Q3.

Which of the following statements are correct regarding companies'?

1. Both public and private companies must have a minimum amount of share capital before they can commence trading.

2. The shareholders of both public and private companies cannot interfere in the management of the company.

3. The minimum number of directors for both public and private companies is two

Answer: A
Q4.

Which THREE of the following statements are correct regarding the CIMA Code of Ethics for Professional Accountants?

Answer: A, B, C
Q5.

A distinguishing mark of the accountancy profession is its acceptance of the responsibility to act in the public interest Therefore:

Answer: B

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