AIWMI Exam CCRA-L2 Topic 3 Question 108 Discussion

Actual exam question for AIWMI's CCRA-L2 exam

Question #: 108
Topic #: 3

Ms. Mary Brown is a credit rating analyst. She had prepared a detailed report on one of her client, FlyHigh

Airlines Ltd, a company operating chartered aircrafts in India. As she was heading for a meeting with her superior on the matter, coffee spilled over her set of prepared paper(s). As she was getting late for meeting, instead of preparing entire set she could recollect few numbers from her memory and reconstructed following partial financial table:

Compute Interest for FY10 and FY12?

AInsufficient Information to compute

BFY10: INR50.53 Million; FY12:INR81.38 Million

CFY10: INR161.71 Million; FY12: INR252.27 Million

DFY10: INR17.47 Million; FY12:INR782.03 Million

Show Suggested Answer

Suggested Answer: D

by Apolonia at Mar 05, 2025, 08:22 PM

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Breana

1 months ago

Whoa, talk about a messy situation! At least Ms. Mary Brown had the foresight to remember some key numbers. Now, if only she could remember where she left her coffee...

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Maira

2 days ago

Oh wow, that's impressive that she could remember those numbers!

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Gayla

19 days ago

B) FY10: INR50.53 Million; FY12:INR81.38 Million

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Maynard

2 months ago

I'm going to go with option A. Trying to reconstruct the numbers from memory is a recipe for disaster. Better safe than sorry, right?

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Annamae

10 days ago

Yes, it's always better to have accurate information, especially when it comes to financial reports. Option A seems like the most logical choice.

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Brendan

18 days ago

I agree, it's better to be cautious in this situation. Accuracy is key when dealing with financial data.

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Rima

1 months ago

I think option A is the safest choice. It's risky to reconstruct numbers from memory.

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Odette

2 months ago

Haha, option D is just ridiculous! FY12 interest being over 700 million? I don't think so. I'm going with option C, it seems the most plausible.

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Luisa

1 months ago

Yeah, I also think option C is the most plausible choice given the situation.

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Latrice

2 months ago

I agree, option D does seem quite exaggerated. Option C does seem more realistic.

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Jackie

2 months ago

I'm not sure, I think it might be C) FY10: INR161.71 Million; FY12: INR252.27 Million

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Aliza

2 months ago

Wait, I think I can use the information provided to calculate the interest. Let me try option B and see if I can get the right numbers.

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Dalene

2 months ago

Okay, let's see. The financial table is incomplete, so I can't compute the interest for FY10 and FY12 accurately. I'll go with option A - Insufficient Information.

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