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AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 236 Topic 24 Discussion

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AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 236 Topic 24 Discussion

GLO_CWM_LVL_1 Exam Topic 24 Question 236 Discussion:
Question #: 236
Topic #: 24

A fraud is discovered with respect to an loan that has turned NPA. When is the earliest that it can be treated as a doubtful asset?

A.

Immediately

B.

Has remained sub-standard for upto 2 quarters

C.

Has remained NPA for upto 1 quarter

D.

Has remained NPA for upto 1 year

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Actual exam question for AAFM GLO_CWM_LVL_1 exam by Phoenix76998 at Aug 2, 2025, 12:00:00 AM

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