Online Access Free AAFM.CWM_LEVEL_2.v2021-11-22.q457 Practice Test (Page 63)

CWM_LEVEL_2 Exam Question 306

Section A (1 Mark)
Which of the following statements is/are correct?

A.None of the Statement

B.Statement (II) only

C.Both Statements (I) and (II)

D.Statement (I) only

CWM_LEVEL_2 Exam Question 307

Section A (1 Mark)
Rapid accumulation stage suggests that the net worth is ________

A.4 times of annual income

B.3 times of annual income

C.2 times of annual income

D.1 times of annual income

CWM_LEVEL_2 Exam Question 308

Section C (4 Mark)
Read the senario and answer to the question.
Jogen commuted his 40% of pension in April, 2008 with Rs. 2,15,000.What would be the taxable amount on commuted pension received by Jogen, if he would retire from a private organization?

A.Rs. 1,70,167

B.Rs. Nil

C.Rs. 35,833

D.Rs. 1,07,500

CWM_LEVEL_2 Exam Question 309

Section A (1 Mark)
How can complaints provide the firm with great value?

A.They offer an opportunity to shed bad customers

B.They provide a chance to prove the company is right

C.They can be a source of information for a company

D.Resolving those ties up important resources

CWM_LEVEL_2 Exam Question 310

Section B (2 Mark)
Amit has just received new information regarding his investment in PLC ltd. The new information appears to be in conflict with earlier forecast of what the stock price should be at this point. He is still willing to incorporate the new information into his forecast and to revise it accordingly.
Which behavioral heuristic is Amit displaying?

A.Confirmation Bias

B.Conservatism Bias

C.Anchoring and Adjustment

D.Framing Bias