Higher Test Marks with Free Online CWM_LEVEL_2 Exam Practice

Assess the CertsIQ’s updated CWM_LEVEL_2 exam questions for free online practice of your Chartered Wealth Manager (CWM) Certification Level II Examination test. Our CWM LEVEL 2 dumps questions will enhance your chances of passing the Chartered Wealth Manager certification exam with higher marks.

Question 1

Section B (2 Mark)

___________, the net profit margin realized by the enterprise from an international transaction entered into with an associated enterprise is computed in relation to cost incurred or sales affected or assets employed or to be employed in the enterprise or having regard to any relevant base.

Options :

A : Transactional Net Margin Method

B : Cost-Plus Method

C : Profit Split Method

D : All of the Above

Answer: A

Question 2

Section B (2 Mark)

Broker dealer model is more prevalent in

Options :

A : North America

B : Middle East

C : Latin America

D : Europe

Answer: A

Question 3

Section A (1 Mark)

Trading horizon is ______________

Options :

A : stated in money terms

B : calculated as the opportunity lost

C : calculated in number of days

D : None of the above

Answer: C

Question 4

Section B (2 Mark)

You have been asked to estimate the market value of an apartment complex that is producing annual net operating income of Rs44,500. Four highly similar and competitive apartment properties within two blocks of the subject property have sold in the past three months. All four offer essentially the same amenities and services as the subject. All were open-market transactions with similar terms of sale. All were financed with 30-year fixed-rate mortgages using 70 percent debt and 30 percent equity. The sale prices and estimated first-year net operating incomes were as follows:

What is the indicated value of the property using direct capitalization?

Options :

A : Rs 3,30,000

B : Rs 3,90,351

C : Rs3,75,000

D : Rs 3,57,000

Answer: B

Question 5

Section B (2 Mark)

The basic rate of income tax on non-savings incomein UK for tax year in 2011-12 is:

Options :

A : 20%

B : 10%

C : 40%

D : 50%

Answer: A