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CIMAPRA17-BA4-1 Exam - Topic 6 Question 55 Discussion

Which of the following statements in relation to companies is correct?
B) A mam advantage of carrying on business through the medium of a private company limited by shares is that the company is not fully liable for its own debts
A) A member of a public company limited by shares has a right to participate in the management of the company.
C) A disadvantage of running a private company limited by shares is that it is much more bureaucratic than a sole tradership
D) A public company limited by shares generally has less access to capital than a general partnership

CIMAPRA17-BA4-1 Exam - Topic 6 Question 55 Discussion

Actual exam question for CIMA's CIMAPRA17-BA4-1 exam
Question #: 55
Topic #: 6
[All CIMAPRA17-BA4-1 Questions]

Which of the following statements in relation to companies is correct?

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Suggested Answer: B

by Arminda at Jul 26, 2022, 10:40 PM

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Glendora
8 months ago
I thought public companies had more capital options, interesting!
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Markus
9 months ago
Private companies do have less liability for debts, that's true!
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Irene
9 months ago
Wait, how can a public company have less access to capital? That seems off.
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Miriam
9 months ago
Totally agree, option C is spot on!
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Stevie
9 months ago
A public company has shareholders, but they don't manage it directly.
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Loreta
9 months ago
I thought option D was definitely wrong because public companies usually have more access to capital compared to partnerships, but I might be mixing up some concepts.
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Franklyn
9 months ago
I feel like option C could be true since private companies do have more regulations than sole traders, but I can't recall the specifics.
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Zack
9 months ago
I remember discussing the liabilities of private companies, and I think option B is misleading. Private companies can still be liable for their debts, right?
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Torie
10 months ago
I think option A might be correct because members usually have some rights in management, but I'm not entirely sure how it works for public companies.
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Mitsue
10 months ago
Hmm, I'm a bit unsure about the differences between the community options. I'll need to re-read that part carefully.
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Sharika
10 months ago
This looks straightforward, I'm confident I can implement the required functions and events for an ERC20 token contract.
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Nu
10 months ago
Hmm, this looks like a tricky one. I'll need to think carefully about the different client types that support the Open Tracing standard.
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Micah
10 months ago
I'm pretty confident the answer is C. The 95% confidence interval is telling us about the true average lift, not the individual campaign lifts. So there's a 95% chance the actual average lift is between 133 and 145.
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