CMAP 1

What is not an element of intermediation

• Geographic Location

• Maturity Transformation

• Maturity Transformation

• Risk Reform

What is not a service offered by the financial service groups

• Insurance

• Credit card service

• Wealth management

• Project management course

What statement is false regarding Credit Unions

• Offer borrowing and lending but is not a bank

• Gives Mortgages

• Regulated by the FCA

• Customer protection is regulated by FSCS

What is not one of the four main Economies phases

• Expantion

• Contraction

• Recession

• Libor

What is considered CGT free

• Fridges you sell at a profit used in your business

• Selling land on which your factory was located

• Your main house

• Lotto winnings

Which of the following are key factors that affect share prices

• Company Profitability

• Strength of the UK economy

• The amount of millionaires in a city

• The amount of new startups in the market

What is not considered as a drawback of commercial property.

• Risk spreading is low

• Less Growth in value

• Hi intrest rates

• Regular rent

What is not a term insurance

• Convertible insurance

• Renewable insurance

• Increase term insurance

• Whole life insurnace

Which income protection class Is manual labour classed as?

• Class 1

• Class2

• Class 3

• Class 4

What is not classed as general insurance?

• Property loss

• Liability loss

• Interruption loss

• building insurance