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confused with the CBE Speciman exam

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › confused with the CBE Speciman exam

  • This topic has 1 reply, 2 voices, and was last updated 10 years ago by MikeLittle.
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  • April 7, 2015 at 1:14 pm #240398
    Alexa
    Member
    • Topics: 1
    • Replies: 1
    • ☆

    Hi Mike,

    I work through specimen exam both paper and CBE (2014) and find the difference in the answer of this question:

    Which TWO statements are correct in relation to designated members in limited liability partnerships (LLPs)?

    (1) They are responsible for filing the LLP’s accounts
    (2) They must not take part in the day-to-day operation of the business
    (3) They are fully liable for partnership debts
    (4) They have limited liability

    the CBE answer is (1) and (3). Meanwhile, the Specimen Paper is (1) and (4).

    Can you please show me which one is right?

    Thank you.

    April 7, 2015 at 5:16 pm #240426
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23352
    • ☆☆☆☆☆

    I believe that the answer should be 1 and 4

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