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AAFM GLO_CWM_LVL_1 Actual Questions

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Question 56

Partition can be effected orally & there is no requirement in law that the partition must the evident try a written agreement

Options:

A.

TRUE

B.

FALSE

Question 57

What is the prudent practice for parking emergency fund for a working young couple?

Options:

A.

12 month’s family income

B.

1 month’s family income

C.

2-3 months family income

D.

None of the above

Question 58

The liability of members if company is limited by guarantee.

Options:

A.

Unpaid value of shares

B.

Guarantee amount

C.

Unlimited liability

D.

None of the above

Question 59

Risk that can be eliminated through diversification is called ______ risk.

Options:

A.

Unique

B.

Firm-specific

C.

Diversifiable

D.

All of the above

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Exam Code: GLO_CWM_LVL_1
Exam Name: Chartered Wealth Manager (CWM) Global Examination
Last Update: Apr 15, 2024
Questions: 1057
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