Exam Code: L4M7
Exam Name: CIPS Whole Life Asset Management
Version: V13.25
Q & A: 72 Questions and Answers
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NEW QUESTION: 1
If the net cash inflow = $12,000, Investing cash flow = $(4,000) and operating cash flow = $7,000, the financing cash flow equals ________.
A. $15,000
B. $9,000
C. $23,000
D. $12,000
Answer: B
Explanation:
Explanation/Reference:
Explanation:
financing cash flow = 12,000 - (-4,000) - 7,000 = $9,000
NEW QUESTION: 2
A. Option D
B. Option C
C. Option B
D. Option A
Answer: A,C
NEW QUESTION: 3
Which of the following statements is INCORRECT?
A. Urgent changes need not necessarily be reviewed, unless there is time to do so
B. The justification for urgent changes should always be based on sound business reasons
C. Urgent and non-urgent changes follow the same Change Management process
D. High risk, urgent changes should be considered by the CAB Emergency Committee
Answer: A
NEW QUESTION: 4
Doctrine of subrogation applies only to
A. (iii) only
B. None of the above
C. (i), (ii), (iii)
D. (i) & (ii) only
Answer: D
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