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AAFM GLO_CWM_LVL_1 Exam - Topic 6 Question 82 Discussion

(CII for 1992-1993=223 and CII for 2011-2012 =785)Calculate the LTCG in both cases?
C) 11,00,000 and 10,80,000
A) 12,00,000 and 1,43,946
B) 10,80,000 and 1,45,850
D) 10,00,000 and 10,12,946

AAFM GLO_CWM_LVL_1 Exam - 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?

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Suggested Answer: C

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

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Darnell
8 months ago
This seems off, are we sure about those CII numbers?
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Maryanne
8 months ago
Wait, how can the LTCG be so different?
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Lenna
8 months ago
Not so sure about that, I lean towards option B.
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Anisha
9 months ago
I think option A looks right!
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Beata
9 months ago
CII for 1992-1993 is 223, and for 2011-2012 it's 785.
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Pearly
9 months ago
I believe the LTCG should be calculated by comparing the CII for both years, but I’m not confident about the final figures.
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Lavelle
9 months ago
I think the CII adjustment is crucial, but I’m a bit confused about which year’s CII to use for the calculations.
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Jennie
9 months ago
This question feels similar to one we practiced, but I can't recall the exact formula for adjusting the purchase price with CII.
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Delsie
10 months ago
I remember calculating LTCG in class, but I'm not sure how to apply the CII values correctly here.
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Isidra
10 months ago
No problem, I've seen questions like this before. The key is to use the correct formula and plug in the right values. I'll work through this systematically and show my work to ensure I get the right answers.
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Laura
10 months ago
Hmm, I'm a bit unsure about how to approach this. The CII values are given, but I'm not sure how to use them to calculate the LTCG. I'll need to review the relevant formulas and concepts before I can confidently answer this.
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Gwenn
10 months ago
This looks like a straightforward calculation problem, but I want to make sure I understand the formula correctly before attempting it.
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Laurel
10 months ago
Okay, let me think this through step-by-step. We need to calculate the long-term capital gain (LTCG) for the two given time periods using the provided CII values. I think I can do this, but I'll double-check my work to be sure.
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Cassi
10 months ago
Okay, let me break this down. The question says the interfaces are in the wrong order, so we need a command that can swap or change the interface order. I'm leaning towards Option B or D, but I'll double-check the wording to be sure.
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Hortencia
10 months ago
This one seems pretty straightforward. I'm pretty sure the answer is a project organization chart.
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Dean
10 months ago
Okay, I've got this. The imperative principle, which is based on Kant's categorical imperative, states that there are certain moral duties and rules that must be followed regardless of the consequences. That seems to fit the description of "concrete ethical principles that cannot be violated." I'm confident this is the right answer.
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Natalya
10 months ago
Okay, let me see... I'm pretty sure the "Discovery and Strategy" stage is the earliest one, so I'll go with option A.
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Mohammad
1 year ago
If the CII went up by that much, I bet the accountants at the tax office are having a field day. Maybe I should become a tax auditor instead of an accountant.
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Carmen
1 year ago
C) 11,00,000 and 10,80,000
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Ngoc
1 year ago
B) 10,80,000 and 1,45,850
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Jesusa
1 year ago
A) 12,00,000 and 1,43,946
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Danica
1 year 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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Colby
1 year ago
Just pick D and let's move on.
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Heike
1 year ago
D) 10,00,000 and 10,12,946
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Lacresha
1 year ago
C) 11,00,000 and 10,80,000
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Carey
1 year ago
B) 10,80,000 and 1,45,850
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Dannette
1 year ago
A) 12,00,000 and 1,43,946
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Filiberto
1 year 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
1 year 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
1 year 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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Wilda
1 year ago
Yes, the answer is A. The LTCG in the second case is higher due to the higher CII values.
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Wilda
1 year ago
I think you're right, the LTCG should be higher with the increase in CII values.
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Josue
1 year ago
Hmm, I'm not sure. Let's calculate it again.
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Fatima
1 year ago
I believe the LTCG in the second case is 1,45,850.
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Josue
1 year ago
I think the LTCG in the first case is 12,00,000.
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