Question 101
Seb is auditing a large firm in the City. He wants to access the company's books and records, to be notified of any shareholder meetings and to ask the company's senior staff to produce certain documents that he feels are necessary to audit.
However, the company he is auditing denies every one of these requests.
Should Seb's requests be granted?
Question 102
J is employed as management accountant of a large retailer. Jo has been invited to take a holiday 'all expenses paid' at a villa owned by the managing director of a supplier organization. If J accepts the invitation, which of the following 'fundamental principles' of CIMA's Code of Ethics will be compromised?
Question 103
Which of the following types of committee is NOT required by the UK Corporate Governance Code?
Question 104
Which of the following statements are correct in relation to an offer?
1. An offer may be made to the whole world
2. An offer cannot be withdrawn until the offeree has had the opportunity of accepting or rejecting the offer.
3. An item in a shop window marked "Special Offer" is not an offer in law.
Question 105
According to Carroll's model of CSR, which of the following is TRUE of a company's legal responsibility?