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AIWMI Exam CCRA-L2 Topic 1 Question 109 Discussion

Actual exam question for AIWMI's CCRA-L2 exam
Question #: 109
Topic #: 1
[All CCRA-L2 Questions]

Proportion of fee based income is examined as the same is an _____ efficient source of bank's profitability.

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Suggested Answer: C

Contribute your Thoughts:

Donte
4 months ago
I wonder if the exam proctors accept 'Monopoly money' as a fee-based income source. Asking for a friend.
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Vallie
2 months ago
D) Fee Based
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Xuan
2 months ago
C) Current
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Shawna
3 months ago
D) Fee Based
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Patria
3 months ago
C) Current
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Dottie
3 months ago
B) Capital
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Candra
3 months ago
A) Interest based
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Ricarda
3 months ago
B) Capital
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Ria
3 months ago
A) Interest based
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Kayleigh
4 months ago
Well, if the question is asking about efficiency, then D must be the right answer. Banks love those sweet, sweet fees!
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Rutha
4 months ago
Hmm, I'm not sure about this one. Maybe they're trying to trick us with the 'efficient' part. I'll have to think it through carefully.
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Ardella
4 months ago
Wait, I thought banks made all their money through interest on loans. This fee-based income thing is news to me.
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Alba
2 months ago
Fee-based income is becoming increasingly important for banks to diversify their revenue streams.
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Portia
2 months ago
A) Interest based
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Refugia
2 months ago
That's right, banks also earn money through fees charged for various services.
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Natalie
2 months ago
D) Fee Based
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Terrilyn
3 months ago
Yes, fee-based income is another important source of profit for banks.
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Hermila
3 months ago
D) Fee Based
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Magdalene
3 months ago
B) CapitalC. Current
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Lizette
3 months ago
A) Interest based
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Muriel
4 months ago
I think the answer is clearly D. Fee based income is a more efficient source of profitability for banks compared to interest-based income.
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Truman
3 months ago
Yes, fee based income is important for a bank's profitability.
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Brande
4 months ago
I agree, fee based income is definitely more efficient for banks.
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Lang
4 months ago
I'm not sure, but I think it makes sense that fee based income would be more profitable for banks.
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Lou
4 months ago
I agree with Kyoko, fee based income is more efficient for banks.
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Kyoko
4 months ago
I think the answer is D) Fee Based.
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