CIMA Exam CIMAPRA19-E02-1 Topic 2 Question 62 Discussion

Actual exam question for CIMA's CIMAPRA19-E02-1 exam

Question #: 62
Topic #: 2

In the UK there is a principles based approach to corporate governance.Which THREE of the following statementsare part of this approach?

AIt consistsof principles to be followed unless there is a justifiable reason not to do so.

BIt includes legislation involving punishment for non-compliance.

CThe UK code of corporate governance adopts a 'comply or explain' approach.

DSome of the provisions of the UK corporate code may not be followed exactly providing departure can be justified.

EIt provides a set of rules which must be followed in all circumstances.

Show Suggested Answer

Suggested Answer: A, C, D

by Buddy at Dec 10, 2022, 06:50 AM

Limited Time Offer

25%

Off

Contribute your Thoughts:

Submit Cancel

Currently there are no comments in this discussion, be the first to comment!