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CIMA Fundamentals of Ethics - Corporate Governance and Business Law Sample Questions:

1. Demonstrating an attitude of esteem, deference, regard or admiration of others reflects the personal quality identified by the CIMA Code of Ethics as:

A) Responsiveness
B) Reverence
C) Respect
D) Reliability

2. Which ONE of the following resolutions is no longer legally effective?

A) A special resolution
B) An elective resolution
C) An ordinary resolution
D) A written resolution

3. Which of the following statements is correct?

A) An employer only has a duty to provide a reference for employees with one year's continuity of employment.
B) An employer has no duty to provide a reference.
C) An employer has a duty to provide a full and comprehensive reference.
D) An employer has a duty to provide a reference.

4. Which of the following are included in CIMA's practical proposals for better reporting of corporate governance?
1. The Chief Executive should communicate information regarding the performance of individual directors to the shareholders
2. The company should explain how the information needs of the shareholders have been met during the year
3. The Chairman's views on good governance and the culture of the board should be communicated

A) 1 and 2 only
B) 2 and 3 only
C) 1 only
D) 1,2 and 3

5. As a general rule, what period of continuous employment is required before a person can make a claim for unfair dismissal?

A) at least 9 months
B) at least 3 years
C) at least 6 months
D) at least 2 years

Solutions: