The following information are categorized as qualitative EXCEPT

Select one:

a. Risk tolerance level and appetite

b. Religious belief and values

c. Family and dependent's profile

d. Attitude towards finance

Darren has a retirement resources of RM1 million. He plans to receive a constant annual retirement income payable at the beginning of each year for the next 30 years. Calculate the constant amount of the annual retirement income if the rate of return is 5% per annum.

Select one:

a. RM61,954

b. RM65,051

c. RM69,331

d. RM67,678

Assuming the rate of return is fixed at 8% per annum. Which of the following investments will produce the most retirement resources?

Select one:

a. Investing RM950 per year for 10 years

b. Investing RM460 per year for 20 years

c. Investing RM200 per year for 40 years

d. Investing RM2,000 per year for 5 years

An exposure to a company's failure to generate enough revenue to cover its operating expenses is associated with

Select one:

a. Inflation risk

b. Foreign exchange risk

c. Financial risk

d. Business risk

Jennifer's required retirement capital for 20 years is RM1.5 million calculated based on inflation rate of 4% per annum and rate of return of 5% in her retirement account. If both the inflation rate and the rate of return increased by 1%, what will happen to the required retirement capital of Adibah?

Select one:

a. The required retirement capital will remain unchanged

b. The required retirement capital will increase marginally

c. The required retirement capital will reduce marginally

d. The required retirement capital will increased double

Which of the following statement(s) is NOT the objective(s) of risk profiling by using a questionnaire?

Select one:

a. As an indication of general preference and inclination towards investment risk

b. Help determine whether the client is a passive or active investor

c. Help place the client's personality in an identifiable category

d. Help the client to settle all his liabilities

In statistics, measurement of "risk" is also known as ____________; and "expected return" as _____________.

Select one:

a. standard deviation, distribution

b. standard deviation, mean

c. mean, standard deviation

d. standard deviation, correlation coefficient

Retirement gap is a situation where

Select one:

a. the future value of retirement resources is lower than the total lump sum need for retirement at the commencement of retirement.

b. there is an excess amount of retirement resources over retirement needs

c. there is a shortfall when total liabilities are deducted from total assets of a person when he retires

d. there is a deficit between cash inflow and cash outflow

Calculate the expected return of a project with has a forecasted returns under three different economic scenario as follows: (Economic condition,Probability of event,Projected return) (Good,20%,30%); (Average,60%,15%); (Poor,20%,-2%).

Select one:

a. 12.3%

b. 14.6%

c. 11%

d. 14.3%

In analysing your client's data to determine his current position and retirement need, a deficiencies of RM107,392 was recorded. Your client, now aged 45 is supposed to retire at 60 years old. Which of the following options is CORRECT in funding the deficiency if rate of return quoted is 5% per annum?

Select one:

a. An annual regular funding of RM7,517 at the end of the year

b. An annual regular funding of RM7,517 at the beginning of the year

c. An annual regular funding of RM4,740 at the end of the year

d. An annual regular funding of RM4,740 at the beginning of the year