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AIWMI Exam CCRA-L2 Topic 1 Question 109 Discussion

Actual exam question for AIWMI's CCRA-L2 exam
Question #: 109
Topic #: 1
[All CCRA-L2 Questions]

Proportion of fee based income is examined as the same is an _____ efficient source of bank's profitability.

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Suggested Answer: C

Contribute your Thoughts:

Donte
2 months ago
I wonder if the exam proctors accept 'Monopoly money' as a fee-based income source. Asking for a friend.
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C) Current
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Shawna
16 days ago
D) Fee Based
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Patria
24 days ago
C) Current
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Dottie
29 days ago
B) Capital
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Candra
1 months ago
A) Interest based
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Ricarda
1 months ago
B) Capital
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Ria
1 months ago
A) Interest based
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Kayleigh
2 months ago
Well, if the question is asking about efficiency, then D must be the right answer. Banks love those sweet, sweet fees!
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Rutha
2 months ago
Hmm, I'm not sure about this one. Maybe they're trying to trick us with the 'efficient' part. I'll have to think it through carefully.
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Ardella
2 months ago
Wait, I thought banks made all their money through interest on loans. This fee-based income thing is news to me.
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Refugia
8 hours ago
That's right, banks also earn money through fees charged for various services.
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Natalie
5 days ago
D) Fee Based
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Terrilyn
16 days ago
Yes, fee-based income is another important source of profit for banks.
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Hermila
17 days ago
D) Fee Based
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Magdalene
18 days ago
B) CapitalC. Current
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Lizette
1 months ago
A) Interest based
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Muriel
2 months ago
I think the answer is clearly D. Fee based income is a more efficient source of profitability for banks compared to interest-based income.
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Truman
1 months ago
Yes, fee based income is important for a bank's profitability.
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Brande
2 months ago
I agree, fee based income is definitely more efficient for banks.
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Lang
2 months ago
I'm not sure, but I think it makes sense that fee based income would be more profitable for banks.
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Lou
2 months ago
I agree with Kyoko, fee based income is more efficient for banks.
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Kyoko
2 months ago
I think the answer is D) Fee Based.
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