AAFM GLO_CWM_LVL_1 Exam - Topic 3 Question 37 Discussion

Actual exam question for AAFM's GLO_CWM_LVL_1 exam

Question #: 37
Topic #: 3

Sudesh Haldia is employed at Delhi as Store Manager in one of the Retail Companies. The particulars of his salary for the previous year 2006-07 are as under:

The actual rent paid by him is Rs. 2,000 p.m. for an accommodation at Noida till 31-12-2006.From 1-1-2007 the rent was increased to Rs. 4000 p.m. Compute the taxable HRA?

ARs. 16, 500

BRs. 26,250

CRs. 19,125

DRs. 31,500

Show Suggested Answer

Suggested Answer: A

by Truman at May 08, 2022, 10:33 AM

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Hillary

4 months ago

Are we sure about these options? Feels off.

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Tabetha

5 months ago

Definitely not D, that's way too high.

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Veronika

5 months ago

Wait, the rent jumped to 4k? That's a huge increase!

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Florinda

5 months ago

I think it's option B, seems right to me.

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Ryann

5 months ago

HRA calculation is tricky!

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Claribel

5 months ago

I'm feeling confident about this one. The SAML Certificate Expiry details are definitely in the Features -> Single Sign-On section, so I'll select option C.

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Tasia

5 months ago

For a mid-year rent change, we prorate the yearâ€”two periods with different rents.

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