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CIMA Exam CIMAPRA17-BA4-1 Topic 1 Question 92 Discussion

Actual exam question for CIMA's CIMAPRA17-BA4-1 exam
Question #: 92
Topic #: 1
[All CIMAPRA17-BA4-1 Questions]

Which THREE of the following statements are correct regarding the CIMA Code of Ethics for Professional Accountants?

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Suggested Answer: A, B, C

by Tamra at Jul 07, 2024, 02:51 AM

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Linn
3 months ago
I think A is tricky. Surely the law has to come first, but the CIMA Code should still carry a lot of weight. Gotta find that right balance, you know?
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Shantay
3 months ago
Haha, E being an 'example of a compliance driven ethical framework' just sounds like a fancy way of saying 'a bunch of rules we have to follow'. But hey, at least they're trying to keep us honest, right?
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Kate
2 months ago
True, but it's important to have guidelines to ensure ethical behavior.
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An
3 months ago
Yeah, it does seem like a lot of rules to follow.
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Gilma
4 months ago
I agree with Carmen, but I'm not sure about A. Shouldn't the law always take precedence over the CIMA Code? I don't want to get in trouble for following the Code instead of the law.
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Man
2 months ago
C) The CIMA Code imposes an obligation on CIMA members and students to comply with relevant laws and regulations
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Miriam
2 months ago
B) The CIMA Code is mandatory for all CIMA members and students, and is applicable to all professional services.
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Pauline
2 months ago
A) Where a statutory requirement is in conflict with a provision of the CIMA Code, the CIMA Code requirement prevails
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Melvin
2 months ago
D) Professional accountants should consider the ethical requirements contained in the CIMA Code as the basic principles which they should follow in performing their work
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Adrianna
2 months ago
C) The CIMA Code imposes an obligation on CIMA members and students to comply with relevant laws and regulations
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Loise
3 months ago
A) Where a statutory requirement is in conflict with a provision of the CIMA Code, the CIMA Code requirement prevails
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Scarlet
4 months ago
I believe statement D is correct too, as professional accountants should follow the ethical requirements in the CIMA Code.
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Pok
4 months ago
I agree with Gerri. Statement C is also correct as it imposes an obligation to comply with laws and regulations.
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Gerri
4 months ago
I think statement B is correct because the CIMA Code is mandatory for all members and students.
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Carmen
4 months ago
Well, B, C, and D seem pretty straightforward. The CIMA Code is mandatory and we have to follow relevant laws and regulations as well as the basic ethical principles.
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Cristal
3 months ago
So, B, C, and D are correct statements regarding the CIMA Code.
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Nobuko
4 months ago
And we should consider the ethical requirements in the Code as basic principles.
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Whitney
4 months ago
It also requires us to comply with relevant laws and regulations.
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Francene
4 months ago
Yes, you're right. The CIMA Code is mandatory for all members and students.
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