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AIWMI Exam CCRA-L2 Topic 8 Question 82 Discussion

Actual exam question for AIWMI's CCRA-L2 exam
Question #: 82
Topic #: 8
[All CCRA-L2 Questions]

The most important metric for a bank is the Net Interest Income (NII) which is the difference

between____income and____expense.

Show Suggested Answer Hide Answer
Suggested Answer: B

by Theola at Mar 07, 2024, 08:57 PM

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Becky
3 months ago
I heard a rumor that the bank's secret metric is 'How many pens can we give away before they run out?' Guess I'll go with C too.
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Cecil
3 months ago
Hmm, I was hoping for an answer involving donuts or ice cream, but I guess banks don't really work that way. C it is!
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Lashawnda
1 months ago
Lashawnda: No problem, happy to help!
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Octavio
2 months ago
User 3: Interesting, I didn't know that. Thanks for sharing!
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Lashawnda
2 months ago
User 2: That's correct! Net Interest Income is indeed the difference between interest income and interest expense.
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Daniela
2 months ago
User 1: C) Interest; Interest
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Kate
3 months ago
D seems like it would be the total of everything, which isn't what NII measures. Gotta go with C on this one.
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Pete
2 months ago
Definitely, C is the correct answer for this question.
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Luisa
2 months ago
Yeah, NII is all about the interest income and interest expense.
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Brandon
2 months ago
I agree, NII measures the difference between interest income and interest expense.
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Mabel
3 months ago
I was leaning towards B, but C seems more accurate. Banks make a lot of their money from interest, not just fees.
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Belen
2 months ago
Yes, interest income is a key component of a bank's Net Interest Income.
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Ryan
2 months ago
I agree, interest is a major source of revenue for banks.
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Shenika
2 months ago
I think C is correct. Banks earn a lot of their income from interest.
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Ashley
4 months ago
Option C looks right to me. NII is the difference between interest income and interest expense, not total income and total expense.
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Beckie
3 months ago
Definitely, NII focuses on interest income and interest expense. Option C is the most accurate.
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Salena
3 months ago
Yes, NII is all about the difference between interest income and interest expense. Option C is the right choice.
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Irving
3 months ago
I agree, option C is correct. NII is specifically related to interest income and interest expense.
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Freeman
4 months ago
I'm not sure, but I think it's C) Interest; Interest because NII is the difference between interest income and interest expense.
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Cecilia
4 months ago
I agree with Alyce, NII is calculated by subtracting interest expense from interest income.
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Alyce
5 months ago
I think the answer is A) Interest; Total.
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