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Question 86/230

Which of the following statements is correct?

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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...