AAFM CWM_LEVEL_2 Exam - Topic 4 Question 16 Discussion

Actual exam question for AAFM's CWM_LEVEL_2 exam

Question #: 16
Topic #: 4

Section C (4 Mark)

Read the senario and answer to the question.

Sajan wants to cover for the expenses of his family without compromising their present lifestyle till the expected life time of Jennifer in case of his untimely death. He consumes 8% of monthly expenses exclusively on self. You advise him that the child plan covers a different goal. Assuming the cover proceeds are invested in a Balanced MF scheme, he should supplement his cover by taking a term insurance for _________ immediately to cover such future expenses. (Please ignore taxes and charges, if applicable, in regular withdrawals from Balanced MF scheme to meet proposed monthly expenses).

ARs. 78 lakh

BRs. 85 lakh

CRs. 79 lakh

DRs. 76 lakh

Show Suggested Answer

Suggested Answer: A

by Venita at May 05, 2022, 12:05 PM

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Lezlie

4 months ago

Rs. 76 lakh could work if they cut some expenses!

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Trinidad

5 months ago

Wait, are we sure about these numbers? Sounds a bit off to me.

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Timothy

5 months ago

Rs. 79 lakh seems reasonable, but how did they calculate that?

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Roselle

5 months ago

I think Rs. 85 lakh might be a bit too much, don’t you think?

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Samira

5 months ago

Looks like Rs. 78 lakh is the right amount to cover those expenses!

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Chaya

5 months ago

I think I've got a good handle on this. The key is to remember that Presence and IM have slightly different delivery paths. I'm leaning towards option A as the correct answer.

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Lettie

5 months ago

I'm a bit unsure about this one. I'll need to walk through the loop increment and termination conditions to determine the correct statement.

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Lucina

5 months ago

I think AAMS is indeed supported on Windows Server 2012 R2, but I'm not completely sure if it needs to be co-resident with AACC.

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Haydee

5 months ago

I'm a little confused by the wording of the question. What's the difference between a "direct lookup" and an "indirect lookup"? I'll have to think about that a bit more before answering.

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