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AAFM CWM_LEVEL_2 Exam - Topic 2 Question 18 Discussion

Section C (4 Mark)Read the senario and answer to the question.What would be the taxable amount on gratuity received by Jogen, if he would retired from an organization where employees are not covered under Gratuity Act?
A) Rs. 75,000
B) Rs. 3,50,000
C) Rs. Nil
D) Rs. 69,300

AAFM CWM_LEVEL_2 Exam - Topic 2 Question 18 Discussion

Actual exam question for AAFM's CWM_LEVEL_2 exam
Question #: 18
Topic #: 2
[All CWM_LEVEL_2 Questions]

Section C (4 Mark)

Read the senario and answer to the question.

What would be the taxable amount on gratuity received by Jogen, if he would retired from an organization where employees are not covered under Gratuity Act?

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Suggested Answer: A

by Carlee at May 07, 2022, 01:06 PM

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Cordell
7 months ago
Are you sure? I thought there might be some tax on it.
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Gerald
8 months ago
Yup, C makes sense to me!
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Marsha
8 months ago
Wait, how can it be zero? That seems off.
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Mendy
8 months ago
Definitely goes with option C, Rs. Nil!
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Aleta
8 months ago
Gratuity isn't taxable if not covered under the Act.
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Garry
8 months ago
Okay, I think I've got this. The Development Team needs the collective skills and expertise to deliver a "Done" Increment at the end of each Sprint. That's a key Scrum principle, so I'll select that option.
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Geraldine
9 months ago
This looks like a standard earned value management question. I'll start by calculating the earned value, then use that to find the schedule performance index.
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