CertsTopics Logo

Labour Day Special - Limited Time 65% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: top65certs

Chartered Wealth Manager GLO_CWM_LVL_1 AAFM Study Notes

Page: 10 / 40
Total 1057 questions
Get GLO_CWM_LVL_1 Full Access Download GLO_CWM_LVL_1 PDF

Chartered Wealth Manager (CWM) Global Examination Questions and Answers

Question 37

X Ltd. has failed to remit the tax deducted at source from annual rent of Rs. 6,60,000 paid to Mr. A for its office building. Said rent is —

Options:

A.

fully allowable as a business expenditure;

B.

not allowable in view of Section 40(a)(I);

C.

allowable to the extent of 50%;

D.

none of the above.

Question 38

In case where amount of wealth tax exceeds one hundred thousand rupees rigorous imprison-ment for a term not be less than …………

Options:

A.

One month which may extend to one year

B.

Only fine

C.

Six months which may extend to 7 years

D.

On year to 10 years

Question 39

Intrinsic value of a stock is

Options:

A.

As reflected in share price

B.

As justified by assets, earning & dividends

C.

As reflected by book value

D.

As reflected by P/E

Question 40

SHG stands for:

Options:

A.

Society Housing Group

B.

Society Household Group

C.

Self House Group

D.

Self Help Group

Page: 10 / 40
Total 1057 questions
Get GLO_CWM_LVL_1 Full Access Download GLO_CWM_LVL_1 PDF