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AAFM GLO_CWM_LVL_1 Exam - Topic 3 Question 113 Discussion

Actual exam question for AAFM's GLO_CWM_LVL_1 exam
Question #: 113
Topic #: 3
[All GLO_CWM_LVL_1 Questions]

Initial issue expense in respect of the scheme should not exceed ______ of the funds raised during that scheme

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Suggested Answer: C

by Vilma at Jan 23, 2026, 04:04 AM

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Cathrine
1 day ago
Totally agree, 10% seems fair.
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Lynelle
6 days ago
It shouldn't go over 10% of the funds raised.
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Erin
12 days ago
20%? That's gotta be a trick question. No way they'd let us spend that much on expenses!
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Maryann
17 days ago
Hmm, I'm pretty sure it's 8%. But what do I know, I'm just a humble student trying to pass this exam.
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Dusti
22 days ago
I thought it was 15%, but I guess I was way off!
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Gilma
27 days ago
10%
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Elbert
1 month ago
5%
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Tequila
1 month ago
I'm really unsure about this one. I thought it was a fixed percentage, but now I'm second-guessing myself.
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Frederick
1 month ago
I practiced a question about issue expenses, and I think it was capped at 10% in that case. Could it be the same here?
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Michel
2 months ago
I remember a similar question where the limit was set at 3%, but I can't recall if that applies here too.
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Kristine
2 months ago
I think the initial issue expense should be around 5% of the funds raised, but I'm not entirely sure.
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Ernie
3 months ago
Ah, I remember learning about this in class. I'm fairly confident I know the right answer, but I'll double-check my understanding just to be safe before writing it down.
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Lettie
3 months ago
This looks tricky. I'm going to read through the question a few times to make sure I grasp all the details, then try to reason through the appropriate percentage limit. Staying calm and focused will be important.
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Lazaro
3 months ago
Okay, I've got a strategy for this. I'll start by recalling the general principles around fundraising expenses, then try to narrow it down to the specific limit mentioned in the question. Methodical approach is key here.
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Danilo
3 months ago
I'm a bit unsure about this one. Is the question asking about a specific type of expense or just the overall expenses? I'll need to review my notes to make sure I understand the context.
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Ma
3 months ago
Hmm, this seems like a straightforward question about expense limits for a fundraising scheme. I'll need to think carefully about the appropriate percentage limit.
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