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The Institute of Asset Management Certificate
- Exam Number/Code : IAM-Certificate
- Exam Name : The Institute of Asset Management Certificate
- Questions and Answers : 213 Q&As
- Update Time: 2019-01-10
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NEW QUESTION: 1
Section A (1 Mark)
After originally investing Rs10,000 and selling your investment for Rs 12,000, you reinvest the total amount and tell yourself that you will not be concerned if you lose Rs 2,000 in this new investment. You are likely demonstrating which type of judgment error?
A. Sunk cost fallacy
B. House money
C. Regret aversion
D. Mental accounting
Answer: B
NEW QUESTION: 2
Universal containers would like to ensure that when an opportunity stage is closed lost the reason is captured in a custom reason lost field before the record can be saved.
What is the recommended approach to meet this requirement?
A. Create a validation rule that requires reason lost to be populated once the opportunity stage is closed lost.
B. Create a page layout for closed lost opportunities and make reason lost a required field.
C. Create a trigger that requires reason lost to be populated once the opportunity stage is closed lost.
D. Create a workflow rule that fires on the closed lost stage and populates the reason lost field.
Answer: A
NEW QUESTION: 3
A. Option A
B. Option B
C. Option C
D. Option D
Answer: A