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Vce BA4 Questions Latest

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Question 20

Which of the following is the superior source of law?

Options:

A.

A decision by the Supreme Court.

B.

A provision in an Act of Parliament

C.

A Regulation issued by the European Council of Ministers.

D.

A Statutory Instrument.

Question 21

Lotl is a well-known supermarket chain that has recently come under fire for not encouraging diversity within the organisation.

Because of this, it has been making efforts to make the business more diverse.

Which of the following are ways Lotl might do this?

Select ALL that apply.

Options:

A.

Encourage people from all backgrounds and cultures to apply for vacancies.

B.

Ensure that it offers equal opportunities to both able-bodied and disabled people.

C.

Ensure that the company has an even split of male and female employees at all levels.

D.

Import and sell food from all over the world.

E.

Ensure that their in-store signs are written in at least five different languages.

Question 22

Which of the following is NOT one of the main requirements of the UK Corporate Governance Code?

Options:

A.

The separation of the roles of Chairman and Chief Executive

B.

The appointment of independent non-executive directors to the Board

C.

The establishment of a Risk Committee

D.

The appointment of a competent Company Secretary

Question 23

Which of the following are fundamental characteristics of useful information? Select ALL that apply.

Options:

A.

Relevance

B.

Faithful representation

C.

Understandability

D.

Verifiability

E.

Comparability

F.

Timeliness

Page: 5 / 24
Exam Code: BA4
Exam Name: Fundamentals of Ethics, Corporate Governance and Business Law
Last Update: May 5, 2024
Questions: 661
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