CIPS Exam L3M1 Topic 3 Question 12 Discussion

Actual exam question for CIPS's L3M1 exam

Question #: 12
Topic #: 3

[All L3M1 Questions]

'Partnerships are not-for-profit entities'. True or false?

AFalse

BTrue

Show Suggested Answer

Suggested Answer: C, D

To gain market share and to create shareholder value (increase the value of shares) are common aims of private sector organisations.

The other two answers are the antithesis of what firms usually want.

by Lorenza at May 29, 2024, 08:15 PM

Limited Time Offer

25%

Off

Get Premium L3M1 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Fatima

1 months ago

Partnerships? Non-profit? What is this, opposite day? *chuckles* Gotta stay on my toes for these trick questions.

upvoted 0 times

...

Leigha

1 months ago

Partnerships are for-profit, not non-profit. This is common knowledge. I'm surprised they're even asking this.

upvoted 0 times

Annice

9 days ago

B) True

upvoted 0 times

...

Lino

13 days ago

Partnerships are definitely for-profit.

upvoted 0 times

...

Shanice

26 days ago

A) False

upvoted 0 times

...

Ernie

2 months ago

Haha, I almost fell for that one. Partnerships are always for-profit, never not-for-profit. The exam writers are tricky!

upvoted 0 times

Jerrod

25 days ago

B) True

upvoted 0 times

...

Wilda

26 days ago

Partnerships are actually for-profit entities, not not-for-profit.

upvoted 0 times

...

Gerald

1 months ago

A) False

upvoted 0 times

...

Thaddeus

2 months ago

True? Wait, what? Partnerships are definitely not non-profit. I need to go back and review my notes.

upvoted 0 times

Lucina

Yes, partnerships are definitely not non-profit.

upvoted 0 times

...

Leontine

9 days ago

Partnerships are actually for-profit entities.

upvoted 0 times

...

Youlanda

15 days ago

B) True

upvoted 0 times

...

Lashandra

1 months ago

A) False

upvoted 0 times

...

Johna

2 months ago

False, partnerships are for-profit entities. This is a pretty basic question.

upvoted 0 times

Ira

1 months ago

True

upvoted 0 times

...

Genevive

1 months ago

Partnerships are for-profit entities, not not-for-profit.

upvoted 0 times

...

Corrie

1 months ago

False

upvoted 0 times

...

Phuong

2 months ago

True. Partnerships can be formed for charitable purposes, but they can also be for-profit.

upvoted 0 times

...

Lashanda

2 months ago

False. Partnerships can be for-profit entities as well.

upvoted 0 times

...

Rebbecca

3 months ago

Partnerships are not-for-profit entities. True or false?

upvoted 0 times

...