Which of the following groups is a non-financial as opposed to a financial stakeholder of a company?

• A.Customers
• B.Suppliers
• C.Shareholders
• D.Competitors

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The holders of a certain minimum percentage of a company's issued share capital are entitled to require the company to circulate a written statement to those entitled to receive notice of the next annual general meeting. What is that minimum percentage?

• A.20%.
• B.15%.
• C.10%.
• D.5%.

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Which of the following is INCORRECT in relation to the UK Corporate Governance Code?

• A.No director should be involved in deciding his or her own remuneration.
• B.All UK companies quoted on the London Stock Exchange have to include a statement of how the company has complied with the main principles set out in the Code.
• C.The board should be made up of a majority of non-executive directors.
• D.There should be a clear division of responsibilities between the Chairman and the Chief Executive.

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Which of the following is correctly stated to be an advantage of carrying on business via a company limited by shares?
(i) The liability of the company is limited.
(ii) In general the directors are not liable for the debts of the company.
(iii) The liability of the shareholders is limited.

• A.(iii) only
• B.(i) and (ii) only
• C.(ii) and (iii) only
• D.(i) only

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In resolving an ethical dilemma, which of the following would NOT be a useful approach to take when focusing on finding an ethical solution?

• A.Asking colleagues for their advice
• B.Identifying whether the possible solutions would make you more or less popular with colleagues
• C.Testing the issue against CIMA's Code of Ethics
• D.Asking yourself whether the possible solutions are legally acceptable

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