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BA4 - Fundamentals of Ethics, Corporate Governance and Business Law Questions 156–160 (page: 33)

Jo is employed as management accountant of a large retailer. Jo has been asked to call a supplier and promise settlement of their account 'next week'. Jo is aware that her employer will definitely not have sufficient funds available to make the payment. If Jo accepts the request, which of the following 'fundamental principles' of CIMA's Code of Ethics will be compromised?

In the UK, the body responsible for establishing standards and related guidance for accountants providing assurance services is:

Which of the 'fundamental principles' of CIMA's Code of Ethics is defined as follows?

"A professional accountant should be straightforward and honest in all professional and business relationships"

In the event of a conflict between European Law and French Law which will prevail?

Wye Ltd is considering appointing Anne as a director of the company. Which of the following is incorrect?

(i) If Anne is an un-discharged bankrupt, she cannot act as a company director.

(ii) If Anne is the subject of a disqualification order, she cannot act as a company director.

(iii) If Anne has already been appointed a director of another company, she cannot also act as a director of Wye Ltd.