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CWM_LEVEL_2 Exam Dumps : Chartered Wealth Manager (CWM) Certification Level II Examination

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Chartered Wealth Manager (CWM) Certification Level II Examination Questions and Answers

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Question 1

Section A (1 Mark)

All of the following are examples of capital expenditures except:

Options:

A.

Purchasing a new police vehicle

B.

Constructing a new school

C.

Lawn maintenance

D.

All of the above are examples of capital expenditures.

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Question 2

Section B (2 Mark)

Payback period is

Options:

A.

Time required to recover the operating cost

B.

Time required for cash flows to recover cost of investment and opportunity cost

C.

Time required for cash flows to recover the cost of investment

D.

None of the above

Question 3

Section A (1 Mark)

Which of the following act is done by the most dissatisfied customers?

Options:

A.

Do not complain

B.

Send their complaints

C.

Do not complain & tell their friends

D.

Tell their friends

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