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Which of the following is NOT one of the main requirements of the UK Corporate Governance Code?
Which of the following is NOT one of the main requirements of the UK Corporate Governance Code?A . The separation of the roles of Chairman and Chief ExecutiveB . The appointment of independent non-executive directors to the BoardC . The establishment of a Risk CommitteeD . The appointment of a...
In the UK, the body responsible for taking an appropriate role in the development of statutes, regulations and accounting standards which affect the conduct of auditing and assurance services, both domestically and internationally is:
In the UK, the body responsible for taking an appropriate role in the development of statutes, regulations and accounting standards which affect the conduct of auditing and assurance services, both domestically and internationally is:A . The Professional Oversight Board for AccountancyB . The International Federation of AccountantsC . The Auditing...
Which of the following governs all public sector employees?
Which of the following governs all public sector employees?A . The Seven Principles of Public Sector ParticipationB . The Seven Principles of Public EnterpriseC . The Seven Principles of Public LifeD . The Seven Principles of Public Private PartnershipView AnswerAnswer: C
Which of the following is INCORRECT in relation to business names?
Which of the following is INCORRECT in relation to business names?A . The business name of a private company limited by shares must end in “Limited” or “Ltd”.B . Both public and private companies may use a business name.C . If a business name is used, the name of the...
Which of the following is correct?
B is employed by Zed plc and has suffered an occupational injury. Which of the following is correct? Zed plc may be liable to B for: i. breach of an implied term in B's contract of employment ii. breach of the duty to take care in the tort of negligence...
Which of the following requires the approval of a simple majority of all the company's shareholders who are entitled to vote?
Which of the following requires the approval of a simple majority of all the company's shareholders who are entitled to vote?A . A written special resolutionB . A special resolutionC . A written ordinary resolutionD . An ordinary resolutionView AnswerAnswer: C
Which of the following best describes these shares?
Zed plc wishes to issue £500,000 of shares on terms that the holders will receive a dividend before the other shareholders and they will be bought back by the company in 12 months' time. Which of the following best describes these shares?A . Ordinary sharesB . Redeemable ordinary sharesC ....
Which ONE of the following statements is correct in relation to the UK Corporate Governance Code?
Which ONE of the following statements is correct in relation to the UK Corporate Governance Code?A . If the Code is ignored by any company, no action may be taken as it has no legal statusB . If any company fails to comply with the Code, the directors may be...
Which of the following are TWO reasons why new legislation might be introduced in response to corporate scandals?
Which of the following are TWO reasons why new legislation might be introduced in response to corporate scandals?A . To prevent this type of unethical behavior by making it illegalB . To punish individuals for adhering to codes of ethicsC . To encourage companies to make their own decisions about...
Maintaining professional knowledge and skill at the level required to ensure that a client or employer receives competent professional service demonstrates the CIMA Code of Ethics fundamental principle of:
Maintaining professional knowledge and skill at the level required to ensure that a client or employer receives competent professional service demonstrates the CIMA Code of Ethics fundamental principle of:A . IntegrityB . ObjectivityC . Professional competence and due careD . Professional behaviorView AnswerAnswer: C
