BA4 Exam Dumps | James works for a large company in the City. He likes working there, though he has just identified an

<< Prev Question Next Question >>

Question 106/230

James works for a large company in the City. He likes working there, though he has just identified an issue of fraud within the company.
He has double-checked the facts, deduced that the fraudulent activity is both unethical and illegal, identified a number of ethical principles that have been breached and identified who is involved and who could be affected.
What should he do next?

A. Inform his manager or a colleague.

B. Quit his job and move to a different department.

C. Quit his job straight away and find a new job within the profession.

D. Do nothing - some fraudulent activity is to be expected in large companies.

E. Inform an external body - e.g. an auditor or regulatory body.

Question List (230q): 1 commentQuestion 1: Alongside technical competence what, for example, should the...; Question 2: Which of the following automatically causes a contract to be...; Question 3: According to Carroll's model of CSR, which of the following ...; Question 4: Which of the following statements is INCORRECT? i. A contrac...; Question 5: Articles of association regulate the relationship between:...; Question 6: B is a director and shareholder in Cee Ltd. Which ONE of the...; Question 7: There are several different schools of ethics. Which of the ...; Question 8: Which of the following is correct? (i) The Court of Appeal i...; Question 9: Which of the following describes the aim of corporate govern...; Question 10: Which ONE of the following is NOT a personal consequence of ...; Question 11: B Ltd has an issued share capital of 1,000 ordinary £1 share...; Question 12: L is a senior management accountant in a large and respected...; Question 13: Which of the following statements is TRUE in relation to eth...; Question 14: Which of the following statements is correct? (i) A term may...; Question 15: Exe Ltd was registered in 1980 and has an objects clause in ...; Question 16: Which of the following is incorrect in relation to the crimi...; Question 17: Which of the following statements is correct? (i) In the eve...; Question 18: Which of the following statements is correct? (i) The Articl...; Question 19: Which of the following options are correct in relation to a ...; Question 20: Which one of the following reasons is not automatically an u...; Question 21: According to the CIMA Code of Ethics, a professional account...; Question 22: Members of private companies often enter into so-called "sha...; Question 23: Which of the following does the IFAC Code of Ethics establis...; Question 24: Which of the following reasons for dismissal are NOT deemed ...; Question 25: Which of the following accountants have breached CIMA's ethi...; Question 26: All policies for governance and social responsibility are ul...; Question 27: Which of the following statements are correct in relation to...; Question 28: Which of the following statements is correct?...; Question 29: Which of the following is not a legal person?...; Question 30: A, B C and D are sole directors and shareholders of EFG Comp...; Question 31: Which of the following terms can be defined as follows? "......; Question 32: Which ONE of the following business organizations could be u...; Question 33: Which of the following is INCORRECT in relation to business ...; Question 34: Governance denotes the generic way an organization is run wi...; Question 35: Independence of mind allows a professional accountant to:...; Question 36: Why does life-long learning require commitment? Choose TWO o...; Question 37: You work for a clothing retailer. Which of the following cor...; Question 38: S Ltd has an issued share capital of 1000 ordinary shares of...; Question 39: After the Companies Act 2006, which of the following is corr...; Question 40: Which ONE of the following is needed to solve ethical proble...; Question 41: R and P are the only shareholders in RP Ltd, each holding 10...; Question 42: Which of the following is NOT a correct distinction between ...; Question 43: Which TWO of the following are reasons why a company would c...; Question 44: Which of the following identifies criminal as opposed to civ...; Question 45: B agreed in his contract that he would not work for a compet...; Question 46: In regards to a claim of misrepresentation, which of the fol...; Question 47: The holders of a certain minimum percentage of a company's i...; Question 48: Which of the following is correct?...; Question 49: You work for an airline company and discover a series of reg...; Question 50: In relation to directors, which of the following statements ...; Question 51: Which ONE of the following resolutions is no longer legally ...; Question 52: Which THREE of the following are disadvantages of rules-base...; Question 53: Exe Ltd has five members. A has 90% of the shares and the ot...; Question 54: Which of the following is incorrect in relation to equitable...; Question 55: The body responsible for reviewing the operations of the acc...; Question 56: A was disqualified from driving but continued his employment...; Question 57: Which of the following statements suggests that A is an empl...; Question 58: You work for a publishing company. Which of the following co...; Question 59: ABC Ltd has entered into a contract with DEF Ltd. The contra...; Question 60: In 2011 Exe Bank plc granted a loan of £200,000 to Wye Ltd s...; Question 61: Section 13 of the Sale of Goods Act 1979 implies a condition...; Question 62: Which of the following is correct? (i) A decision of the Sup...; Question 63: Michael is conducting a social and environmental audit on a ...; Question 64: Which of the following are TWO reasons why new legislation m...; Question 65: In relation to corporate governance, which of the following ...; Question 66: Mr A sent an email to Mr B offering to sell him some goods f...; Question 67: In the event of a breach of contract, what is the purpose of...; Question 68: Which of the following are listed among the IFAC's drivers f...; Question 69: The articles of association of Zed Ltd provide that Z is to ...; Question 70: P is an accountant working in a business Which of the follow...; Question 71: Which of the following CANNOT be appointed as the sole direc...; Question 72: Which of the following does a professional accountant NOT ha...; Question 73: Which of the following types of committee is NOT required by...; Question 74: Demonstrating politeness and good manners towards others ref...; Question 75: A company's board of directors is found to have committed wi...; Question 76: Which of the following type of committee is NOT required by ...; Question 77: Which of the following is a 'financial stakeholder' of an or...; Question 78: S is management accountant for a small retail company. S has...; Question 79: Dilemmas arise when:; Question 80: The Global Reporting Initiative (GRI) has produced Sustamabi...; Question 81: Wye has borrowed £10,000 from Exe and the loan has now becom...; Question 82: Jo is employed as management accountant of a large retailer....; Question 83: Which of the following is incorrect?...; Question 84: lohn works as a management accountant for a law firm. He onl...; Question 85: Which TWO of the following are examples of safeguards that m...; Question 86: Which of the following statements is correct?...; Question 87: Which of the following statements is correct?...; Question 88: Which of the following is NOT one of the fundamental princip...; Question 89: Being offered gifts and hospitality can give rise to threats...; Question 90: Which of the following best describes "independence of mind"...; Question 91: B was employed by CDE Ltd and was dismissed. B claimed unfai...; Question 92: In relation to contractual performance, which of the followi...; Question 93: Acting diligently and in accordance with applicable technica...; Question 94: Which of the following are situations involving conflicts of...; Question 95: A manufacturing company has a policy of only buying raw mate...; Question 96: Which of the following is a common law remedy?...; Question 97: Who is entitled to sue the directors for a breach of statuto...; Question 98: In furtherance of their duty to promote the success of the c...; Question 99: Which of the following is one of the fundamental principles ...; Question 100: Which of the following are cases where the veil should be li...; Question 101: Zed plc wishes to issue £500,000 of shares on terms that the...; Question 102: Which of the following is NOT an obligation imposed on all p...; Question 103: Which of the following is the superior source of law?...; Question 104: In Germany the two-tier board structure is used by many limi...; Question 105: Which of the following is NOT one of the main requirements o...; Question 106: James works for a large company in the City. He likes workin...; Question 107: Which of the following is correct in relation to corporate g...; Question 108: Paul is asked to work for a company that runs online casinos...; Question 109: Immediately before being placed in creditors voluntary liqui...; Question 110: Which of the following are reasons why regulatory frameworks...; Question 111: Which of the following is CORRECT in relation to a Limited L...; Question 112: Which of the following statements is correct?...; Question 113: Which of the following does NOT describe the responsibilitie...; Question 114: A professional accountant's social responsibility relates to...; Question 115: If a professional accountant believes that he or she will no...; Question 116: Working late one evening, you see a colleague copying inform...; Question 117: Paschal has just passed his CIMA certificate exams and on do...; Question 118: You work for a pharmaceutical company and have discovered a ...; Question 119: A company wants to let its employees know that fraud will no...; Question 120: The fraud response is a key aspect of fraud risk management ...; Question 121: The International Accounting Education Standards Board has p...; Question 122: What can companies do in order to minimize the likelihood of...; Question 123: Which of the following remedies is not available for a breac...; Question 124: Maintaining professional knowledge and skill at the level re...; Question 125: The code of ethics of the professional body to which M belon...; Question 126: Which of the following statements is correct? (i) A wrongful...; Question 127: J is employed as management accountant of a large retailer. ...; Question 128: Faegan and Fabian run their own business selling expensive s...; Question 129: You work for a pharmaceutical company. Which of the followin...; Question 130: Which of the following is correct? (i) The provisions of the...; Question 131: Which of the following is NOT one of the main requirements o...; Question 132: You have been charged with the task of reviewing the CSR rep...; Question 133: Which of the following types of committee is NOT required by...; Question 134: Which of the following is correct?...; Question 135: How does CIMA support its members in their continual persona...; Question 136: Miss B is working closely with Mr L to deliver an important ...; Question 137: Which of the 'fundamental principles' of CIMA's Code of Ethi...; Question 138: Regarding auditor remuneration, a self-interest threat to pr...; Question 139: Which of the following is correct in relation to loans to di...; Question 140: Which of the following is incorrect?...; Question 141: Which THREE of the following are characteristics of Limited ...; Question 142: A distinguishing mark of the accountancy profession is its a...; Question 143: Advocacy threats to compliance with fundamental principles a...; Question 144: Agency theory is often cited as an explanation for the devel...; Question 145: Members of the accountancy profession are expected to demons...; Question 146: Which of the following is INCORRECT regarding the difference...; Question 147: Which of the following are guilty of skimming? Select ALL th...; Question 148: Which of the following is incorrect in relation to Shari'ah ...; Question 149: Evidence suggests that during a recession, companies with a ...; Question 150: Which TWO of the following are true of CIMA's conceptual fra...; Question 151: As a general rule, what period of continuous employment is r...; Question 152: Which of the following are situations involving familiarity ...; Question 153: Which of the following terms can be defined as follows? "......; Question 154: Which TWO of the following are NOT directly relevant to a sy...; Question 155: Where a countries' rules protect whistleblowers. they usuall...; Question 156: The body responsible for reviewing the accountancy professio...; Question 157: Which of the following statements regarding companies limite...; Question 158: Which ONE of the following statements is correct in relation...; Question 159: How might an organization exercise ethical control over its ...; Question 160: Which of the following countries does not have a written con...; Question 161: Which of the following need to be proved in order for there ...; Question 162: B has been employed by Wye Ltd for 10 years. His contract of...; Question 163: Which of the following is the responsibility of the Chairman...; Question 164: Which of the following is NOT one of the fundamental princip...; Question 165: Which of the following is INCORRECT in relation to directors...; Question 166: Steve manages the accounts for a large software company. He'...; Question 167: Which of the following is incorrect?...; Question 168: Which of the following may be liable to contribute to the as...; Question 169: Y has an opening at his company for a trainee accountant. Hi...; Question 170: Which of the following is an 'interest stakeholder' in an or...; Question 171: Being accountable for one's actions and decisions reflects t...; Question 172: Stefan takes his car to the local Car wash to get it cleaned...; Question 173: Which of the following statements refer to the Sarbanes-Oxle...; Question 174: How can values become part of a company's DNA? Choose TWO of...; Question 175: In relation to the Unfair Contract Terms Act 1977, which of ...; Question 176: Which of the following deal with most criminal matters in Ch...; Question 177: Wye Ltd is considering appointing Anne as a director of the ...; Question 178: Which of the following is correct? (i) A contract of guarant...; Question 179: SuperSole is a large shoe company that sells its products al...; Question 180: Which THREE of the following may be external stakeholders in...; Question 181: Which of the following statements is correct in relation to ...; Question 182: Being able to be trusted by others to be dependable reflects...; Question 183: The IFAC Code of Ethics applies:...; Question 184: Which of the following is not a source of English law?...; Question 185: Which of the following is correct? (i) All courts below the ...; Question 186: Who should check that a company's financial statements provi...; Question 187: Which of the following remedies is available as of right in ...; Question 188: Which of the following must be satisfied for an employee to ...; Question 189: Which of the following is incorrect?...; Question 190: Which of the following statements are correct? (i) A claim f...; Question 191: CIMA's report on 'Practical Proposals to Improve Corporate G...; Question 192: In relation to international regulations, which of the follo...; Question 193: T contracted to buy a washing machine from AB (Retailers) Lt...; Question 194: B was an employee of Exe plc but his line manager made it pr...; Question 195: According to CIMA, which TWO of the following is true of eth...; Question 196: The distinction between an employee and an independent contr...; Question 197: Which of the following is INCORRECT?...; Question 198: Which of the following is INCORRECT in relation to corporate...; Question 199: Which of the following is one of the fundamental principles ...; Question 200: Which of the 'fundamental principles' of CIMA's Code of Ethi...; Question 201: Jo is employed as management accountant of a large retailer....; Question 202: GHI Ltd has contracted with JKL Ltd. If JKL Ltd acts in brea...; Question 203: Ethical dilemmas can arise where there is tension between:...; Question 204: Which of the following governs all public sector employees?...; Question 205: Exe Ltd was under contract to deliver goods by road to Londo...; Question 206: Which of the following is correct in relation to the UK Corp...; Question 207: Which of the following is correct if a promoter orders goods...; Question 208: According to the CIMA code of ethics, if appropriate safegua...; Question 209: F knows from preparing the accounts that the company she wor...; Question 210: Which of the following is NOT one of the fundamental princip...; Question 211: Which of the following statements is incorrect in relation t...; Question 212: Which of the following are correct in relation to supervisor...; Question 213: In which of the following situations has a contract of emplo...; Question 214: Karl has been offered a compensatory award after a court rul...; Question 215: Which of the following describes a principles-based approach...; Question 216: Which ONE of the following most accurately describes corpora...; Question 217: Which of the following types of board committee are recommen...; Question 218: Which of the following requires the approval of 75% of all t...; Question 219: Tee Ltd has contracted to use Vee Ltd's "Grand Hotel" for a ...; Question 220: J and K are the only shareholders in JK Ltd, each holding 50...; Question 221: Your boss knows that you will always strive to deliver a pro...; Question 222: Which of the following is NOT one of the main requirements o...; Question 223: Seller Ltd is a wholesaler of electrical goods which it sell...; Question 224: Which of the following is normally not an implied term of a ...; Question 225: Which of the following is INCORRECT?...; Question 226: Which of the following statements is correct in relation to ...; Question 227: On the basis of the National Minimum Wages Act 1998, what is...; Question 228: Which of the following is incorrect in relation to the remed...; Question 229: 'Remuneration' is one of the main principles in the Corporat...; Question 230: If a business trades as "Exe and Co (Office Furniture)" whic...

Question 106/230

LEAVE A REPLY

Download PDF File