American Bankers Association CTFA Certified Trust and Financial Advisor Exam Practice Test

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Total 895 questions
Question 1

It is a term life policy written for a given number of years with coverage remaining unchanged throughout the effective period. What is it?



Answer : A


Question 2

The total amount that you have to pay on a certain billing is:



Answer : C


Question 3

On an accounting statement of cash flows an "increase(decrease) in cash and cash equivalents" appears as:



Answer : D


Question 4

In which of the following the investors look at the historical perspective?



Answer : A


Question 5

Insurance agents act as contractors in groups who express one or more entity with express authority to act for the entity in dealing with insured.



Answer : B


Question 6

Financial instrument whose return is derived from the return on another instrument is known as a/an:



Answer : A


Question 7

Which of the following is difference between the expected return and actual return on an investment?



Answer : B


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Total 895 questions