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CIMAPRA19-E01-1 Exam - Topic 6 Question 73 Discussion

WhichTWOof the following are non-incorporated organisations?
A) K, who runs a business alone and is entitled to all profits and B) P and Q who share joint responsibility for their business and all its debts and C) MN, a family-owned business sharing profits by means of dividends
D) XY, an organisation whose owners can trade their shares publicly
E) The British Red Cross Society, a well known charity

CIMAPRA19-E01-1 Exam - Topic 6 Question 73 Discussion

Actual exam question for CIMA's CIMAPRA19-E01-1 exam
Question #: 73
Topic #: 6
[All CIMAPRA19-E01-1 Questions]

WhichTWOof the following are non-incorporated organisations?

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Suggested Answer: A, B, C

by Kanisha at Aug 10, 2023, 05:55 PM

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Carla
8 months ago
I think B might be incorporated if they register as a partnership.
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Casie
8 months ago
Totally agree with E being a charity!
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Crista
8 months ago
Wait, how is a family business not incorporated?
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Dorothy
9 months ago
A and B are both non-incorporated too!
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Douglass
9 months ago
E is definitely a non-incorporated charity.
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Dorothy
9 months ago
I keep mixing up the definitions, but I think A and E could be right. I need to double-check what makes an organization incorporated.
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Jenise
9 months ago
I practiced a similar question where we had to identify incorporated vs. non-incorporated, and I feel like E is definitely non-incorporated since it's a charity.
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Glory
9 months ago
I'm not so sure about C, but I remember that family-owned businesses can sometimes be incorporated.
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Cecil
10 months ago
I think A and B might be the non-incorporated ones since they don't mention shares or dividends.
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Gearldine
10 months ago
Okay, let's see. Prefilling data, dividing complex processes, and providing user help text - those sound like good ways to make the OmniScript experience more user-friendly and encourage adoption. I think I've got this one covered.
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Deeanna
10 months ago
Hmm, I'm a little unsure about the timing here. We need to make sure the shipping notice goes out daily, but the survey needs to be 10 days after the shipping date. Gotta think this through carefully.
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Aretha
10 months ago
I feel pretty confident about this one. Since the ITSP only supports G.711 and remote site B uses G.729, the best solution is to configure the hardware transcoder on the site B router. That way, we can handle the codec conversion without impacting the hub location or remote site A.
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Desire
10 months ago
I'm pretty sure there's a focus on analytics, maybe the device security and location features as a single view or something like that? It sounds familiar.
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Katina
10 months ago
I honestly can't recall the exact step for adjusting for taxes. Is it just the yield times (1 - tax rate) for income, or do I need to include something for the capital gains too?
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Natalya
1 year ago
I'm going with B and E, but I have to say, the wording on some of these options is really confusing. Maybe the exam writer needs to work on their question-writing skills.
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Kelvin
1 year ago
This is easy! B and E are the non-incorporated organizations. I mean, the British Red Cross Society? That's about as non-incorporated as it gets.
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Lavelle
1 year ago
Ha! I bet the person who wrote this question was trying to trick us. 'XY, an organisation whose owners can trade their shares publicly' - that's definitely a corporation, not a non-incorporated organization.
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Kanisha
1 year ago
You're right, XY is a corporation because they can trade shares publicly.
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Dacia
1 year ago
E) The British Red Cross Society, a well known charity
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Mable
1 year ago
B) P and Q who share joint responsibility for their business and all its debts
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Lynsey
1 year ago
A) K, who runs a business alone and is entitled to all profits
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Cyndy
1 year ago
Hmm, I'm not sure about A. Doesn't a sole proprietorship have a legal structure? But B and E definitely seem like the right answers to me.
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Britt
1 year ago
E) The British Red Cross Society, a well known charity
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Queen
1 year ago
B) P and Q who share joint responsibility for their business and all its debts
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Golda
1 year ago
A) K, who runs a business alone and is entitled to all profits
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Rosio
1 year ago
I think the answers are B and E. A sole proprietorship and a partnership are both non-incorporated organizations, while a corporation and a family-owned business with dividends are incorporated.
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Annalee
1 year ago
User 2
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Ivette
1 year ago
User 1
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Felicitas
1 year ago
I think D is also a non-incorporated organisation because they can trade their shares publicly.
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Gracie
1 year ago
I disagree, I believe B and C are the correct options.
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Ozell
1 year ago
I think A and E are non-incorporated organisations.
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