CQIB MOCK EXAM LATEST
Which of the following is accurate regarding the Banking Executive
Accountability Regime?
It will mean stiffer penalties for those in senior positions who fail to
meet the expected standards
As indicated by the Reserve Bank's 2019 Annual Bank Fee Survey,
which of the following represented the largest component of the fee
income that banks received from businesses?
Loans
At what step of the Five Step Process for Ethical Dilemmas would
you "consider all the available options"?
Facts
Which statement is incorrect in relation to a profession and
professionalism?
Professional activities are overseen and governed by the relevant
regulator.
Which one of the common approaches to ethics considers that the
right thing to do is your duty?
Deontology
Under the Corporate Act 2001, which customer would be considered
to be a 'wholesale client'?
Hats and Scarves Pty Ltd, a retalier, which employs 25 staff.
The role of the insurance underwriter is best described as?
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1
, CQIB MOCK EXAM LATEST
An evaluator of insurance applications to decide if the applicant meets
the criteria necessary to join the relevant insurance pool.
Which statement is correct regarding a bank's products?
Retirement saving accounts benefit from concessional taxation treatment
In providing fair treatment to customers who are experiencing
vulnerability which action would be considered out of scope?
Providing information about a customer at the request of someone acting
in the capacity of carer.
What was the intent of the design of the National Credit Code?
To ensure ethical and professional standards in the finance industry.
To comply with requirements laid down by the Australian
Prudential Regulation Authority, a bank residential investment
mortgage lending must not exceed what annual growth percentage?
10%
Which of the following security types are likely to be relatively easy
to value?
Listed shares and residential property.
The Banking Executive Accountability Regime is overseen by which
body?
The Australian Prudential Regulation Authority (APRA)
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2
Which of the following is accurate regarding the Banking Executive
Accountability Regime?
It will mean stiffer penalties for those in senior positions who fail to
meet the expected standards
As indicated by the Reserve Bank's 2019 Annual Bank Fee Survey,
which of the following represented the largest component of the fee
income that banks received from businesses?
Loans
At what step of the Five Step Process for Ethical Dilemmas would
you "consider all the available options"?
Facts
Which statement is incorrect in relation to a profession and
professionalism?
Professional activities are overseen and governed by the relevant
regulator.
Which one of the common approaches to ethics considers that the
right thing to do is your duty?
Deontology
Under the Corporate Act 2001, which customer would be considered
to be a 'wholesale client'?
Hats and Scarves Pty Ltd, a retalier, which employs 25 staff.
The role of the insurance underwriter is best described as?
END OF
PAGE
1
, CQIB MOCK EXAM LATEST
An evaluator of insurance applications to decide if the applicant meets
the criteria necessary to join the relevant insurance pool.
Which statement is correct regarding a bank's products?
Retirement saving accounts benefit from concessional taxation treatment
In providing fair treatment to customers who are experiencing
vulnerability which action would be considered out of scope?
Providing information about a customer at the request of someone acting
in the capacity of carer.
What was the intent of the design of the National Credit Code?
To ensure ethical and professional standards in the finance industry.
To comply with requirements laid down by the Australian
Prudential Regulation Authority, a bank residential investment
mortgage lending must not exceed what annual growth percentage?
10%
Which of the following security types are likely to be relatively easy
to value?
Listed shares and residential property.
The Banking Executive Accountability Regime is overseen by which
body?
The Australian Prudential Regulation Authority (APRA)
END OF
PAGE
2
