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AAFM Chartered Wealth Manager CWM_LEVEL_2 Question # 78 Topic 11 Discussion

CWM_LEVEL_2 Exam Topic 11 Question 78 Discussion:
Question #: 78
Topic #: 11

Section B (2 Mark)

Encashment of leave during service tenure is
A.

Taxable

B.

Tax free

C.

Taxable only if more than the notified exemption

D.

Tax free up to 50% of the notified amount

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Actual exam question for AAFM CWM_LEVEL_2 exam by Lyric6061 at May 4, 2026, 2:29:55 AM

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