AAFM Exam GLO_CWM_LVL_1 Topic 6 Question 82 Discussion

Actual exam question for AAFM's GLO_CWM_LVL_1 exam

Question #: 82
Topic #: 6

[All GLO_CWM_LVL_1 Questions]

(CII for 1992-1993=223 and CII for 2011-2012 =785)

Calculate the LTCG in both cases?

A12,00,000 and 1,43,946

B10,80,000 and 1,45,850

C11,00,000 and 10,80,000

D10,00,000 and 10,12,946

Show Suggested Answer

Suggested Answer: C

by Audrie at Jun 21, 2024, 10:41 PM

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Danica

4 days ago

This question is making my head spin. Is it too late to change my major to basket weaving? D sounds good, I guess.

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Filiberto

4 days ago

Hmm, I'm not convinced any of these answers are right. I think I'll just guess and hope for the best. C, maybe?

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Sherron

5 days ago

Wait, did we really need to calculate the LTCG? I thought this was just a simple math problem. Oh well, I'll go with B just to be safe.

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Charlesetta

12 days ago

I'm pretty sure the answer is A. The CII values given indicate a significant increase, so the LTCG should be higher in the second case.

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Josue

17 days ago

Hmm, I'm not sure. Let's calculate it again.

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Fatima

19 days ago

I believe the LTCG in the second case is 1,45,850.

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Josue

20 days ago

I think the LTCG in the first case is 12,00,000.

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