CIMA Exam CIMAPRA17-BA4-1 Topic 2 Question 108 Discussion

Actual exam question for CIMA's CIMAPRA17-BA4-1 exam

Question #: 108
Topic #: 2

[All CIMAPRA17-BA4-1 Questions]

Which of the following statements are correct regarding companies'?

1. Both public and private companies must have a minimum amount of share capital before they can commence trading.

2. The shareholders of both public and private companies cannot interfere in the management of the company.

3. The minimum number of directors for both public and private companies is two

A1 only

B2 and 3 only

C1 and 2 only

D2 only

Show Suggested Answer

Suggested Answer: A

by Daniela at Mar 05, 2025, 07:55 PM

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Elke

6 days ago

I'm going with D. The minimum number of directors for both public and private companies is two, but the other statements are not correct.

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Deandrea

8 days ago

I'm pretty sure it's 1 and 2 only, because shareholders can't interfere in management.

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Lyda

12 days ago

I disagree, I believe it's 2 only.

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Marta

14 days ago

I think the correct answer is C. Statement 1 is correct, but statements 2 and 3 are not correct for both public and private companies.

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Sarina

10 days ago

I agree with you, statement 1 is correct for both public and private companies.

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Kimberely

16 days ago

I think the correct statements are 1 and 2 only.

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