AIWMI Exam CCRA-L2 Topic 6 Question 95 Discussion

Actual exam question for AIWMI's CCRA-L2 exam

Question #: 95
Topic #: 6

[All CCRA-L2 Questions]

Which of the following are types of bank guarantee?

ADeferred and Term

BFinancial and Performance

CUsance and Sight

Show Suggested Answer

Suggested Answer: B

by Horace at Aug 23, 2024, 06:26 AM

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Shenika

11 months ago

Bank guarantees? Is that like when you have to put up your first-born child as collateral? Asking for a friend.

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Deeanna

11 months ago

Oh, I know this one! It's definitely A) Deferred and Term. I aced that section in my study guide.

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Eleonora

10 months ago

You're correct! It is A) Deferred and Term.

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Mignon

10 months ago

I'm pretty sure it's A) Deferred and Term.

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Emily

10 months ago

Actually, I believe it's C) Usance and Sight.

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Eloisa

10 months ago

I think it's B) Financial and Performance.

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Anastacia

11 months ago

I agree with Rosita, Financial and Performance guarantees are widely used for securing payments and completing projects.

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Odette

12 months ago

Hmm, I think C) Usance and Sight are the types of bank guarantees. The terms sound familiar.

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Hana

11 months ago

I think A) Deferred and Term are also types of bank guarantees.

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Lazaro

11 months ago

I agree, C) Usance and Sight are types of bank guarantees.

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Rosita

12 months ago

But Financial and Performance guarantees are more common in business transactions.

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Tess

12 months ago

I believe it's Deferred and Term.

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Rosita

12 months ago

I think the types of bank guarantee are Financial and Performance.

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Princess

12 months ago

I'm pretty sure it's B) Financial and Performance. I remember learning about those in my banking courses.

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Dierdre

11 months ago

I agree, I remember studying that in my banking courses too.

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Yvonne

11 months ago

Yes, those are the types of bank guarantee.

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Twanna

12 months ago

I think you're right, it's B) Financial and Performance.

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