CIMA BA4 Practice Questions - CIMA BA4 Fundamentals Of Ethics, Corporate Governance And Business Law Exam

The CIMA Code of Ethics adopts a 'conceptual framework' approach. What is the primary purpose of this approach?

To list every rule a member must follow in each situation To replace the need for professional judgement To identify, evaluate and address threats to compliance with the fundamental principles To set out the disciplinary penalties for each breach

Correct Answer:

To identify, evaluate and address threats to compliance with the fundamental principles

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