Online Access Free AAFM.GLO_CWM_LVL_1.v2022-05-19.q277 Practice Test (Page 5)

GLO_CWM_LVL_1 Exam Question 16

Which of the following is a reasonable assumption to make about the understanding of a client on the Wealth planning Process?

A.Client would have identified a desirable asset allocation

B.Client would understand the financial products being recommended

C.Client would be able to identify his financial goals

D.Client would have some prior understanding of the assumptions on which the wealth plan is made

GLO_CWM_LVL_1 Exam Question 17

No society shall be dissolved unless .....................of the member shall have expressed a will for dissolution by their other

A.One fifth

B.Three fifth

C.Two fifth

D.All the members

GLO_CWM_LVL_1 Exam Question 18

Risk is

A.A hazard

B.A probability of loss

C.A certain outcome

D.A peril

GLO_CWM_LVL_1 Exam Question 19

Decision horizon is __________

A.Length of time between decisions to redeem the portfolio

B.Length of time between decisions to revise the portfolio

C.None of the above

D.Minimum time interval over which investors can revise the portfolio

GLO_CWM_LVL_1 Exam Question 20

Minimum number of employees in an establishment for it to come under the purview of the Payment of Gratuity act is ______

A.Above 10

B.20 and above

C.10 and above

D.Above 20

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