CIMAPRA17-BA4-1 Exam - Topic 11 Question 7 Discussion

Actual exam question for CIMA's CIMAPRA17-BA4-1 exam

Question #: 7
Topic #: 11

Which of the following statements is correct in relation to business organisations?

AIn the event of a company limited by shares going into insolvent liquidation the shareholders become fully liable for the debts of the company

BAlthough a public company may offer its shares and securities to the general public it can only do so if it is listed on a stock exchange

CA limited liability partnership is a separate legal entity distinct from the partners in a similar way to how a private company is a legal entity distinct from its shareholders and directors

DA general partnership and a private limited company can be formed without the need for any written documents

Show Suggested Answer

Suggested Answer: B

by Brett at May 03, 2022, 08:22 AM

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5 months ago

A company limited by shares means shareholders aren't fully liable for debts.

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Hmm, this one's a bit tricky. I'm not totally sure about the reasoning behind fractional factorial designs, but I think the key is that they're used when there's not a lot of prior knowledge about the interactions. I'll have to think this through a bit more.

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Sharen

5 months ago

Okay, I think I've got this. The slope policy is used to define the high and low slope values for buffer admission control, either for TCP traffic in the shared buffer pool or for UDP traffic in the committed buffer pool. I just need to double-check the exact details.

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CIMAPRA17-BA4-1 Exam - Topic 11 Question 7 Discussion

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