Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location PL
Mob_nav_barsMENU

CIMA Exam CIMAPRA17-BA4-1 Topic 7 Question 90 Discussion

Actual exam question for CIMA's CIMAPRA17-BA4-1 exam
Question #: 90
Topic #: 7
[All CIMAPRA17-BA4-1 Questions]

CIMA's Code of Ethics would be violated if a professional accountant accepted a fee for work which is:

Show Suggested Answer Hide Answer
Suggested Answer: B

by Junita at Jun 22, 2024, 02:35 PM

Limited Time Offer

25%

Off

Get Premium CIMAPRA17-BA4-1 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel
Stevie
10 months ago
Honestly, I'm just glad I don't have to worry about this code of ethics stuff. I'll stick to my day job flipping burgers, where the only ethical dilemma is whether to put extra pickles on the customer's sandwich.
upvoted 0 times
Isabelle
9 months ago
B) based on a quotation fixed in advance of the work being earned out
upvoted 0 times
...
William
9 months ago
A) fixed by a company's ethics committee
upvoted 0 times
...
...
Pamella
10 months ago
I'm torn between B and D, but I think D might be the way to go. Competitive bidding keeps things fair and above board.
upvoted 0 times
...
Barney
10 months ago
Haha, can you imagine the accountant being like, 'Hey boss, I found the money you were looking for! Show me the cash!'. That's definitely not allowed.
upvoted 0 times
Joseph
9 months ago
D) based on a price quotation submitted in competitive bidding
upvoted 0 times
...
Meaghan
9 months ago
C) payable once a specified finding has been attained
upvoted 0 times
...
Leah
9 months ago
B) based on a quotation fixed in advance of the work being earned out
upvoted 0 times
...
Dalene
9 months ago
B) based on a quotation fixed in advance of the work being earned out
upvoted 0 times
...
Yuki
9 months ago
A) fixed by a company's ethics committee
upvoted 0 times
...
Otis
9 months ago
A) fixed by a company's ethics committee
upvoted 0 times
...
...
Leontine
10 months ago
I'm not sure, but I think C) could also be a violation of CIMA's Code of Ethics
upvoted 0 times
...
Malinda
10 months ago
I agree with Antione, because accepting a fee fixed in advance is more ethical
upvoted 0 times
...
Kami
10 months ago
I'd have to go with option B. A fixed quotation in advance seems like the safest way to avoid any ethical issues.
upvoted 0 times
Adell
10 months ago
I think option D could also be acceptable, as long as it's based on competitive bidding.
upvoted 0 times
...
Latosha
10 months ago
I agree, option B is definitely the safest choice.
upvoted 0 times
...
...
Ahmad
10 months ago
Option C is clearly a violation of the Code of Ethics. You can't accept a fee based on a specific outcome - that's just unethical.
upvoted 0 times
Luis
9 months ago
A: That's a good point, accepting a fee based on competitive bidding could raise ethical concerns.
upvoted 0 times
...
Nieves
10 months ago
B: I think option D could also be a violation, as it involves competitive bidding.
upvoted 0 times
...
Margot
10 months ago
A: I agree, option C is definitely a violation of the Code of Ethics.
upvoted 0 times
...
...
Antione
10 months ago
I think the answer is B)
upvoted 0 times
...

Save Cancel
az-700  pass4success  az-104  200-301  200-201  cissp  350-401  350-201  350-501  350-601  350-801  350-901  az-720  az-305  pl-300  

Warning: Cannot modify header information - headers already sent by (output started at /pass.php:70) in /pass.php on line 77