Free BA4 Exam Braindumps (page: 34)

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A business has been registered under the name ABC Ltd. Which of the following types of business organization must this be?

  1. A partnership.
  2. A public limited company.
  3. A private limited company.
  4. Either a private limited company or a public limited company.

Answer(s): C



Which of the following is not a legal person?

  1. A private limited company.
  2. A sole trader.
  3. A public limited company.
  4. A firm of accountants.

Answer(s): D



How many fundamental principles are identified by the CIMA Code of Ethics?

  1. Three
  2. Four
  3. Five
  4. Six

Answer(s): C



In furtherance of their duty to promote the success of the company under Section 172 of the Companies Act 2006, the directors are required to take account of amongst others, the company and its members, employees and suppliers.

Which of the following can enforce this duty against the directors?

  1. The company
  2. The members
  3. The employees
  4. The suppliers

Answer(s): A






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