Cima C05 Exam Question No 8

Question No 8:

‘How much recycling of waste and paper undertaken by an organisation?’ relates to which one of the following?

A. Corporate governance of an organisation
B. Corporate values of an organisation
C. Social responsibility of an organisation
D. Corporate policy towards sustainability

Answer: C

Cima C05 Exam Question No 7

Question No 7:

What is INCORRECT?

A. Professional accountants are always bound by the principle of confidentiality.
B. Integrity denotes an attitude of personal and professional consistency in the way in which professional accountants act.
C. Professional accountants can be required by law to disclose confidential information about their clients.
D. Professional accountants are required to be independent both of mind and in appearance.

Answer: A

Cima C05 Exam Question No 6

Question No 6:

What are INCORRECT statements?
i. The Audit Practices Board reviews the regulatory activities of the professional accounting bodies.
ii. The Professional Oversight Board for Accountancy is part of the Financial Reporting Council.
iii. ‘The Seven Principles of Public Life’ is applicable only to professional accountants.
iv. The CIMA Code of Ethics includes reference to how a professional accountant can raise concern about unprofessional or unethical behaviour.

A. i , ii and iv only
B. ii, iii and iv only
C. i, ii and iii only
D. all of the statements

Answer: C

Cima C05 Exam Question No 5

Question No 5:

What are the CORRECT statements?
i. Clear ethical values set cultural tone of the company.
ii. Self regulation is based upon trust.
iii. The objective of ethics is detection and prevention.
iv. CIMA Code of Ethics has got a framework-based approach

A. i, ii and iii
B. i, iii and iv
C. ii, iii and iv
D. i, ii and iv

Answer: D