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M6A Set 2
SGD 29.90 Add to cart2 July 2020
CMFAS M6A Exam Question
Which of the following statements regarding futures is false?
a) Futures are traded in contracts.
b) Each futures contract has a standard size which is set by the futures exchange it trades on.
c) Not all futures have an underlying asset.
d) Some futures require delivery of the actual commodity.
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M8 Set 2
SGD 29.90 Add to cart2 July 2020
CMFAS M8 Exam Question
Which of the following is NOT true regarding banker’s acceptances?
a) They are used to facilitate international commercial trade transactions.
b) They represent a claim on the issuing bank.
c) They have no maturity date.
d) They are issued at a discount to face value.
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M3 Set 1
SGD 29.90 Add to cart2 July 2020
CMFAS M3 Exam Question
An FMC conducting fund management activity should report which of the following as assets under the FMC’s non-discretionary management?
a) The moneys contracted to the investment manager in respect of which the FMC has an agreement to provide the fund management services.
b) The moneys and equity contracted to the investment manager in respect of which the FMC has an agreement to provide the fund management services.
c) The moneys and debt contracted to the investment manager in respect of which the FMC has an agreement to provide the fund management services.
d) The moneys and assets contracted to the investment manager in respect of which the FMC has an agreement to provide the fund management services.



