AAFM Exam CWM_LEVEL_2 Topic 6 Question 101 Discussion

Actual exam question for AAFM's CWM_LEVEL_2 exam

Question #: 101
Topic #: 6

Section B (2 Mark)

Which of the following is an inferential data (i.e. data which may not be correctly obtained by simply asking a direct question)?

ATime Horizon

BRisk appetite

CCurrent Income

DFuture income requirement

Show Suggested Answer

Suggested Answer: B

by Pansy at Apr 30, 2025, 04:30 AM

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Felix

2 days ago

Definitely B) Risk appetite. That's the kind of thing you have to figure out through a series of questions, not just a simple direct ask.

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Iluminada

3 days ago

Haha, I'm going with C) Current Income. Everyone knows that's the one piece of information people are most likely to fudge on a survey!

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Jenifer

4 days ago

D) Future income requirement seems like the obvious choice here. That's something people often have a hard time estimating accurately.

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Corinne

10 days ago

I think the answer is C) Current Income because it can change over time and is not always accurately reported.

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Staci

13 days ago

I see your point, Ula. But I think it could also be A) Time Horizon as it involves predicting future events.

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Ula

15 days ago

I disagree, I believe it's B) Risk appetite because it's not directly observable.

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Audra

15 days ago

I think the answer is B) Risk appetite. That's something you can't just ask someone directly - you have to infer it based on their behavior and decision-making.

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Chaya

1 months ago

I think the answer is D) Future income requirement.

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