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AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 40 Topic 5 Discussion

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AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 40 Topic 5 Discussion

GLO_CWM_LVL_1 Exam Topic 5 Question 40 Discussion:
Question #: 40
Topic #: 5

Vinod joined on 01/01/90 in ABC Ltd. and retired on 01/01/2007.Employee paid leave encashment of Rs. 4,00,000/-. His last drawn salary is Rs. 25000/-. His last 10 months average salary is 23500/-. He availed 150 days leave during the service. What will be his taxable leave salary amount?
A.

4,00,000

B.

2,35,000

C.

2,82,000

D.

1,65,000

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Actual exam question for AAFM GLO_CWM_LVL_1 exam by Draven21869 at Nov 9, 2025, 8:06:09 AM

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