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Free CTFA Exam Questions - American Bankers Association CTFA Exam

American Bankers Association CTFA Exam

Certified Trust and Financial Advisor

Total Questions: 895

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American Bankers Association CTFA Questions

Q1.

Most life insurance companies that are taxable in Canada fall into which one of the following classifications:

Q2.

_____________ is considered to be self-sustaining if it is financially and operationally independent of the reporting enterprise.

Q3.

The nature and extent of interest rate risk, credit risk, reinsurance risk and other significant risks should be disclosed is required for:

Q4.

The Appointed Actuary has a responsibility to express an opinion on the appropriateness of certain actuarially determined amounts in the financial statements.

Q5.

A substantial investment is defined as any investment comprising more than 15 percent of an enterprise's voting shares or greater than 35 percent of its equity.

Solutions:
Question: 1 Answer: D
Question: 2 Answer: D
Question: 3 Answer: C
Question: 4 Answer: A
Question: 5 Answer: B

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