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CIMAPRA17-BA4-1 Exam - Topic 10 Question 87 Discussion

Actual exam question for CIMA's CIMAPRA17-BA4-1 exam
Question #: 87
Topic #: 10
[All CIMAPRA17-BA4-1 Questions]

Which of the following is correct?

(i) The first directors are appointed upon the incorporation of the company.

(ii) A director is a person who occupies the position of director by whatever name called.

(iii) A shadow director is a person in accordance with whose directions or instructions the directors of the company are accustomed to act.

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Suggested Answer: B

by Jill at May 13, 2024, 05:36 PM

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Sommer
6 months ago
Not sure about (ii), isn't it more complicated than that?
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Herminia
6 months ago
(i) is correct for sure, that's how it works.
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Alisha
6 months ago
Wait, are shadow directors really a thing?
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Jamie
7 months ago
Yeah, (iii) sounds right too!
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Sanjuana
7 months ago
I think (ii) is definitely true.
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Georgene
7 months ago
I practiced a similar question last week, and I think all three statements could be correct, so I'm leaning towards (D).
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Viki
7 months ago
I think (iii) sounds familiar from our case studies on corporate governance. Shadow directors are definitely a thing.
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Dalene
8 months ago
I'm a bit unsure about (ii); I feel like it might be too broad. Isn't there a specific definition for a director?
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Carey
8 months ago
I remember discussing how directors are appointed during incorporation, so I think (i) is definitely correct.
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Annelle
8 months ago
Alright, let me think this through step-by-step. First directors, then director definition, and finally shadow directors. I've got this - just need to take my time and not rush.
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Gail
8 months ago
Hmm, I'm a bit unsure about this one. The wording seems a bit tricky, and I want to make sure I don't miss any nuances. I'll need to review my notes on director appointments and shadow directors before deciding.
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Boris
8 months ago
This looks like a straightforward question on the basics of company directors. I'll carefully read through each option and think about which ones are correct based on my understanding of the law.
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Kenny
8 months ago
(i) and (iii) seem pretty clear to me, but (ii) has me a bit confused. I'll need to double-check the definition of a director to make sure I'm interpreting that one correctly.
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Oliva
8 months ago
This seems like a straightforward question. I think I'll go with Cloud App Discovery in Microsoft Defender for Cloud Apps since it's designed to identify and manage cloud applications used in the organization.
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Shaniqua
8 months ago
This question seems a bit tricky. I'll need to carefully read through the options and think about the context of the "customized reverse knowledge module" to determine the best answer.
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Lenny
8 months ago
Hmm, I'm a bit unsure about this one. The requirements mention accounts payable and financial consolidation, so I'll need to think through how the different organizational structures could handle those needs.
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Jeannine
8 months ago
The key here is the phrase "as a condition for penalty mitigation". That makes me think the answer is B - Privately available.
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Carin
1 year ago
Is there a 'none of the above' option? These corporate terms are starting to make my head spin. I'll just guess and hope for the best.
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Maryann
1 year ago
Aha! I knew my corporate law classes would come in handy. Option B is the way to go.
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Ma
11 months ago
Great job remembering that from your corporate law classes!
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Charlene
11 months ago
Yes, option B includes both statements (i) and (ii).
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Almeta
11 months ago
I think option B is the correct answer as well.
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Sylvie
12 months ago
I agree, option B is correct.
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Lonna
1 year ago
Wait, a shadow director? That sounds like some kind of corporate superhero! I'll go with C, just to see what that's all about.
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Ulysses
12 months ago
User 3: So, C is the correct answer then.
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Mohammad
12 months ago
User 2: Yeah, it's someone the directors follow without us knowing.
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Alona
1 year ago
User 1: I think a shadow director is like a behind-the-scenes boss.
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Twanna
1 year ago
Hmm, this seems straightforward. I think (i), (ii), and (iii) are all correct, so I'll go with option D.
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Ronald
12 months ago
User 3: Yes, option D covers all the possibilities.
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Juliana
12 months ago
User 2: I agree, option D includes all the statements.
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Ruby
1 year ago
User 1: I think (i), (ii), and (iii) are all correct, so I'll go with option D.
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Leota
1 year ago
I'm not sure, I think it might be C) (ii) and (iii) only.
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Gary
1 year ago
I agree with Beatriz, all three statements seem to be correct.
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Beatriz
1 year ago
I think the correct answer is D) (i), (ii) and (iii).
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