Free BA4 Exam Braindumps (page: 18)

Page 18 of 126

Which of the following is incorrect?

  1. Subject to the company's Articles of Association, shareholder approval is not required to enable the company to borrow money.
  2. Subject to the company's Articles of Association, shareholder approval is not required to authorise the issue of shares direct to one person for a non-cash consideration.
  3. A company's Articles cannot provide that the Articles are unalterable.
  4. The Articles of Association may be altered by special resolution.

Answer(s): B



You are concerned that your boss may have been putting together misleading financial statements for some time. As a well known and well respected accountant, you are concerned that your boss might bring the profession into disrepute. Which TWO of the CIMA Code of Ethics fundamental principles does this affect?

  1. Objectivity and impartiality
  2. Integrity and reliability
  3. Professional behavior and integrity
  4. Objectivity and professional competence and due care

Answer(s): C



B was employed by CDE Ltd and was dismissed. B claimed unfair dismissal and requested a written statement of reasons for his dismissal. Within what period must CDE Ltd comply with this request?

  1. 7 days
  2. 14 days
  3. 21 days
  4. 1 month

Answer(s): B



B Ltd has an issued share capital of 1,000 ordinary £1 shares. The board of B Ltd has resolved to alter the company's articles of association. Which of the following is correct?

(i) The articles may be altered by board resolution.

(ii) The articles may be altered by a written resolution of the shareholders.

(iii) The articles may be altered by a special resolution of the directors.

  1. (i) only
  2. (ii) only
  3. (iii) only
  4. (ii) and (iii) only

Answer(s): B



Page 18 of 126



Post your Comments and Discuss CIMA BA4 exam with other Community members:

Patricia commented on May 01, 2024
The term "law as the basis of action " is it not a rules based approach?
Anonymous
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Chamika Makolage commented on March 03, 2024
Best questions
NETHERLANDS
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Ruzmina commented on August 11, 2023
Thank you ?? Soo much,
Anonymous
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