AIWMI Exam CCRA-L2 Topic 8 Question 82 Discussion

Actual exam question for AIWMI's CCRA-L2 exam

Question #: 82
Topic #: 8

[All CCRA-L2 Questions]

The most important metric for a bank is the Net Interest Income (NII) which is the difference

between____income and____expense.

AInterest; Total

BInterest; Fee

CInterest; Interest

DTotal; Total

Show Suggested Answer

Suggested Answer: B

by Theola at Mar 07, 2024, 08:57 PM

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Becky

28 days ago

I heard a rumor that the bank's secret metric is 'How many pens can we give away before they run out?' Guess I'll go with C too.

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Cecil

1 months ago

Hmm, I was hoping for an answer involving donuts or ice cream, but I guess banks don't really work that way. C it is!

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Lashawnda

1 days ago

User 2: That's correct! Net Interest Income is indeed the difference between interest income and interest expense.

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Daniela

8 days ago

User 1: C) Interest; Interest

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Kate

1 months ago

D seems like it would be the total of everything, which isn't what NII measures. Gotta go with C on this one.

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Luisa

1 days ago

Yeah, NII is all about the interest income and interest expense.

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Brandon

13 days ago

I agree, NII measures the difference between interest income and interest expense.

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Mabel

1 months ago

I was leaning towards B, but C seems more accurate. Banks make a lot of their money from interest, not just fees.

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Ryan

2 days ago

I agree, interest is a major source of revenue for banks.

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Shenika

5 days ago

I think C is correct. Banks earn a lot of their income from interest.

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Ashley

2 months ago

Option C looks right to me. NII is the difference between interest income and interest expense, not total income and total expense.

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Beckie

1 months ago

Definitely, NII focuses on interest income and interest expense. Option C is the most accurate.

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Salena

1 months ago

Yes, NII is all about the difference between interest income and interest expense. Option C is the right choice.

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Irving

1 months ago

I agree, option C is correct. NII is specifically related to interest income and interest expense.

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Freeman

2 months ago

I'm not sure, but I think it's C) Interest; Interest because NII is the difference between interest income and interest expense.

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Cecilia

2 months ago

I agree with Alyce, NII is calculated by subtracting interest expense from interest income.

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Alyce

3 months ago

I think the answer is A) Interest; Total.

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