AWMA Practice Exam II Questions & 100% Correct Answers
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Course
AWMA
Institution
AWMA
Using the capital asset pricing model, what is the expected return for a stock
where its beta is 1.20, the risk-free rate is 4%, and the market rate of return is
10%? (Set calculator for four decimal places to reduce rounding error.)
A)11.2%
B)8.8%
C)10.1%
D)16.0%
~~> A
.04 + 1.2 (.1...
A)The plan must comply with the reporting requirements, but not the
disclosure requirements under ERISA.
B)The plan must comply with both the disclosure and reporting requirements
under ERISA.
C)The plan generally need not comply with either the disclosure or reporting
requirements of ERISA.
D)The plan must comply with the disclosure requirements, but not the
reporting requirements under ERISA.
✓ ~~> C
Unfunded excess benefit plans need not comply with ERISA disclosure or filing
requirements; however, excess benefit plans that are funded do need to
comply.
Top-hat plans and SERPs also are subject to some reporting and disclosure
requirements under ERISA.
Which statement is correct regarding federal transfer taxation?
A)Use of the estate tax marital deduction exempts the subject property from
further transfer taxation.
B)Direct payment of tuition expenses to an educational institution by a
decedent's estate for the benefit of a surviving child is exempt from transfer
taxation.
Master01 | September, 2024/2025 | Latest update
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