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Professional Development

16 Qs

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Commissions

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Professional Development

Practice Problem

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Monaashini Marimuthu

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16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Once the member submitted the zeroization rejection JF, how long it will take to credit the commission into the member’s bank account ?

2 working days

7 working days

14 working days

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Zafirah's account has been inactive for 26 months. She would like to request zeroization without reactivating her account. Is she allowed to do so?

Yes

No

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Based on the picture, what is the net commission that will be creditted to member's account?

RM18 004.69

RM17 541.01

RM17 900.28

RM17 644.75

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

How much is the amount charged for Tax Withholdings?

RM62.41

RM42.00

RM359.25

RM463.67

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who will be charged with the Income Tax Withholdings?

Individuals who receive annual income of more than RM100,000 in YA2021

Individual tax residents in Malaysia in YA2021 (i.e., any individual person, sole proprietor or partnership who is in the country for a period or periods amounting to 250 days or more in a calendar year)

Individuals who receive annual income of more than RM50,000 in YA2021

Individual tax residents in Malaysia in YA2021 (i.e., any individual person, sole proprietor or partnership who is in the country for a period or periods amounting to 182 days or more in a calendar year)

6.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

If Lisa set up her DD in VO on 14/6/2022, she will receive _______________________________________

(More than 1 answer may apply)

May 2022 commission in her bank account from 18-25th June 2022

May 2022 commission as Credit On Account(COA) in June 2022

May 2022 commission in her bank account from 18-25th July 2022

June 2022 commission will be received in her bank account from 18-25th July 2022

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Members are able to set up their DD from VO.

True

False

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