May, 2024 GLO_CWM_LVL_1 Practice Questions

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Sample Question 1

Cash Flow is a tool that is more useful for

A. Short period financial analysis
B. Long period financial analysis
C. It is period agnostic
D. None of the above

Show Answer

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Sample Question 2

The markets for funds traded in currencies other than the currency of the trading countryare referred to as

A. off-shore banking centres.
B. international financial centres.
C. the world market.
D. Eurocurrency markets.

Show Answer

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Sample Question 3

Which among the following is not an advantage of setting up a trust?

A. Allows for orderly distribution of assets and income following death
B. Ensures that the estate poses to the intended beneficiaries
C. Tax planning
D. Protects against money laundering

Show Answer

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