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?

AK, who runs a business alone and is entitled to all profits

BP and Q who share joint responsibility for their business and all its debts

CMN, a family-owned business sharing profits by means of dividends

DXY, an organisation whose owners can trade their shares publicly

EThe British Red Cross Society, a well known charity

Show Suggested Answer

Suggested Answer: A, B, C

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

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Rosio

11 days 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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Felicitas

21 days ago

I think D is also a non-incorporated organisation because they can trade their shares publicly.

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Gracie

22 days ago

I disagree, I believe B and C are the correct options.

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Ozell

23 days ago

I think A and E are non-incorporated organisations.

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