最新的AAFM Chartered Wealth Manager (CWM) Certification Level II Examination - CWM_LEVEL_2免費考試真題
Section B (2 Mark)
It was unconstitutional for the U.S. government to levy an income tax before the passage of which amendment?
It was unconstitutional for the U.S. government to levy an income tax before the passage of which amendment?
正確答案: D
Section A (1 Mark)
A review of portfolio should be done when
A review of portfolio should be done when
正確答案: D
Section B (2 Mark)
Lucy purchased a rental house a few years ago for $100,000. Total depreciation to date is $35,000. In the current year, she sells the house for $155,000 and pays $10,000 selling expenses. Calculate Lucy's gain on the sale.
Lucy purchased a rental house a few years ago for $100,000. Total depreciation to date is $35,000. In the current year, she sells the house for $155,000 and pays $10,000 selling expenses. Calculate Lucy's gain on the sale.
正確答案: C
Section B (2 Mark)
Contribution under a defined benefit plan
Contribution under a defined benefit plan
正確答案: D
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Section C (4 Mark)
Read the senario and answer to the question.
Saxena bought agricultural land in notified urban limits of Mumbai on 15-June-1996 for Rs. 6 lakh and had been using the same for agricultural purposes. However the land was compulsorily acquired by the Government on 15-July-2003 and the compensation fixed was Rs. 25 lakh. Out of this, Rs 10 lakh was received by Saxena on 15-Jan-2005 and the balance on 06-Apr-2005. Saxena was not satisfied with the compensation and filed a suit in the court. The compensation was enhanced by Rs 8 lakh which was received on 25-Mar-2008. Which one of the following statement regarding capital gains arising from these transactions is correct:
Read the senario and answer to the question.
Saxena bought agricultural land in notified urban limits of Mumbai on 15-June-1996 for Rs. 6 lakh and had been using the same for agricultural purposes. However the land was compulsorily acquired by the Government on 15-July-2003 and the compensation fixed was Rs. 25 lakh. Out of this, Rs 10 lakh was received by Saxena on 15-Jan-2005 and the balance on 06-Apr-2005. Saxena was not satisfied with the compensation and filed a suit in the court. The compensation was enhanced by Rs 8 lakh which was received on 25-Mar-2008. Which one of the following statement regarding capital gains arising from these transactions is correct:
正確答案: A
Section B (2 Mark)
Reproduction cost has been estimated as Rs 350,000 for a property with a 70-year economic life. The current effective age of the property is 15 years. The value of the land is estimated to be Rs 55,000. What is the estimated market value of the property using the cost approach, assuming no external or functional obsolescence?
Reproduction cost has been estimated as Rs 350,000 for a property with a 70-year economic life. The current effective age of the property is 15 years. The value of the land is estimated to be Rs 55,000. What is the estimated market value of the property using the cost approach, assuming no external or functional obsolescence?
正確答案: C
Section B (2 Mark)
How much total principal is repaid between the 1st and 17th payment interval of a 4.5-year loan for Rs 4567 at an interest rate of 7.44% compounded monthly. The payments are also monthly.
How much total principal is repaid between the 1st and 17th payment interval of a 4.5-year loan for Rs 4567 at an interest rate of 7.44% compounded monthly. The payments are also monthly.
正確答案: C
Section A (1 Mark)
When two banks simply agree to exchange a portion of their customers' loan repayments, they are using:
When two banks simply agree to exchange a portion of their customers' loan repayments, they are using:
正確答案: D
Section A (1 Mark)
The January effect concerns:
The January effect concerns:
正確答案: D
Section A (1 Mark)
The following is exempt income:
The following is exempt income:
正確答案: D
Section A (1 Mark)
Which of the following income is not exempt under section 10-IT Act 1961?
Which of the following income is not exempt under section 10-IT Act 1961?
正確答案: A
說明：（僅 Fast2test 成員可見）