Free BA4 Exam Braindumps (page: 29)

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Which of the following is INCORRECT in relation to the United States of America (USA)?

(i) In the event of a conflict between state and federal legislation, state legislation is superior.

(ii) The USA has a federal system of government.

(iii) Legislation is enacted by Congress.

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

Answer(s): A



Independence of mind allows a professional accountant to:

  1. Act with integrity
  2. Exercise objectivity
  3. Exercise professional skepticism
  4. All of the above

Answer(s): D



You work for a pharmaceutical company and have discovered a series of substantial and unpublicized gifts to specific university departments. You investigate further and find that all of the university departments published research into your company's products within a year of receiving the gift. Every piece of research is favorable to your company and none identifies any financial link with your organization. Is this an ethical issue and why?

  1. Yes - you are acting unethically by investigating your own company
  2. Yes - the universities should at least state that they have received a large donation from a company whose products are involved in research trials
  3. No - companies regularly fund university research projects and this is not an ethical issue
  4. No - the donations are a gift and you can be sure that they are therefore not linked with the research

Answer(s): B



According to CIMA, which TWO of the following is true of ethical behavior in relation to professional accountants?

Ethical behavior is:

  1. Legally required of accountants
  2. As important as technical competence
  3. A fundamental part of professional behavior
  4. Optional for CIMA members

Answer(s): B,C



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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
upvote

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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