AAFM CWM_LEVEL_2 Exam - Topic 2 Question 85 Discussion

Actual exam question for AAFM's CWM_LEVEL_2 exam

Question #: 85
Topic #: 2

[All CWM_LEVEL_2 Questions]

Section C (4 Mark)

Read the senario and answer to the question.

Which of the following would affect Net Worth of Keshav?

A2 and 3

B3 and 4

C1, 3 and 4

D1, 2 and 4

Show Suggested Answer

Suggested Answer: C

by Tashia at Aug 23, 2024, 02:25 PM

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Joseph

6 months ago

I’m surprised option 1 is included at all!

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Dylan

7 months ago

Totally with you, Sue! C seems right.

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Vanesa

7 months ago

Wait, how does option 2 even relate?

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Sue

7 months ago

Definitely think it's option C!

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Zana

7 months ago

Keshav's net worth is impacted by assets and liabilities.

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Kenneth

8 months ago

I’m leaning towards option D because it includes both assets and liabilities, but I could be mixing up the details.

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Rosamond

8 months ago

This question feels similar to one we practiced last week. I think it might be option C, but I’m not completely confident.

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Devon

8 months ago

I’m not entirely sure, but I think option 3 is definitely a factor since it relates to assets.

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Yolando

8 months ago

I remember we discussed how liabilities can impact net worth, so I think options involving debts might be relevant.

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Jesusa

8 months ago

I've got a strategy for this. I'll first identify the key components of net worth, then evaluate how each option would impact those components. That should help me arrive at the correct answer.

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Paris

8 months ago

Okay, let's see. I think I need to consider how changes in assets, liabilities, and income would affect Keshav's net worth. I'll go through each option and evaluate the impact.

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Elfrieda

8 months ago

Hmm, I'm a bit unsure about this one. I'll need to make sure I understand the scenario and the different factors that can affect net worth before selecting an answer.

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Kaycee

8 months ago

This looks like a straightforward question on net worth. I'll carefully review the options and think through how each factor would impact Keshav's net worth.

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Felicia

8 months ago

This is a good opportunity to apply my knowledge of net worth calculations. I'll analyze each factor and determine which combination of changes would have the greatest effect.

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Gregoria

8 months ago

I'm not entirely sure, but I feel like disabling cookies might not be the best option for security. It could affect website functionality too.

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Anthony

1 year ago

This is too easy! The correct answer is obviously C. Net worth is all about assets, liabilities, and income - you can't ignore any of those factors.

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Flo

1 year ago

I'm going with C. Keshav's net worth would be affected by any major changes to his income, investments, or debt levels. Gotta consider the whole picture.

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Lashawna

1 year ago

Ha! Trick question - the answer is clearly B. Everyone knows that changes in income and liabilities are the only things that matter for net worth. Who needs assets, right?

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Roselle

12 months ago

D) 1, 2 and 4

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Fernanda

12 months ago

C) 1, 3 and 4

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Cheryll

12 months ago

B) 3 and 4

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Katina

12 months ago

A) 2 and 3

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Chanel

1 year ago

D seems more logical to me. Increases in assets and decreases in liabilities should increase net worth, while a change in income alone doesn't necessarily impact it.

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Janella

12 months ago

D seems more logical to me. Increases in assets and decreases in liabilities should increase net worth, while a change in income alone doesn't necessarily impact it.

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