Free AAFM GLO_CWM_LVL_1 Exam Dumps Questions & Answers

Depreciation expenses would be classified as:

• A.No cash flow impact
• B.Investing cash flow
• C.Financing cash flow
• D.Operating cash flow

Under which of the following steps does the wealth manager develops a SWOT chart for the client

• A.Identifying Goals and Objectives
• B.Developing a Wealth Management Plan
• C.Identifying and Clarifying the Current Situation
• D.Analyzing Financial Issues

The list of managing body needs for be fixed with Registrar of Joint Stock companies

• A.(i) & (iii)
• B.Only (ii)
• C.Only (i)
• D.Only (iv)

An investment having market value of Rs. 100 lakhs in the beginning of 2007, a Rs. 200 lakhs value at the end of 2007, and a Rs. 100 lakhs value at the at the end of 2008. Calculate the arithmetic return and time-weighted return?

• A.0.025%, 0.50%
• B.25%, 0%
• C.-0.50 %, -0.025%
• D.-0.05%, -0.0025%

Jaya is the owner of two residential houses. She sold one house on 23-12-2011 for Rs.12,50,000 which was purchased by her on 25-4-1979 for Rs.80,000. The market value of the land as on 1-4-1981 was Rs.98,000.
Expenses on transfer were 1.5% of the sale price. The entire sale proceeds was utilized to construct the first and second floor on her second house which she completed by 15-3-2010. Compute the capital gain for the assessment year 2012-13. [CII-12-13: 852,11-12: 785, 10-11:711, 83-84: 116]

• A.461950
• B.NIL
• C.570360
• D.562506