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CIMA Exam CIMAPRA19-E01-1 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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Natalya
1 months 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 months 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 months 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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Mable
5 days ago
B) P and Q who share joint responsibility for their business and all its debts
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Lynsey
7 days ago
A) K, who runs a business alone and is entitled to all profits
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Cyndy
1 months 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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Golda
6 days ago
A) K, who runs a business alone and is entitled to all profits
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Rosio
2 months 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 months ago
User 2
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Ivette
2 months ago
User 1
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Felicitas
3 months ago
I think D is also a non-incorporated organisation because they can trade their shares publicly.
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Gracie
3 months ago
I disagree, I believe B and C are the correct options.
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Ozell
3 months ago
I think A and E are non-incorporated organisations.
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