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Most Recent American Bankers Association CTFA Exam Dumps

 

Prepare for the American Bankers Association Certified Trust and Financial Advisor exam with our extensive collection of questions and answers. These practice Q&A are updated according to the latest syllabus, providing you with the tools needed to review and test your knowledge.

QA4Exam focus on the latest syllabus and exam objectives, our practice Q&A are designed to help you identify key topics and solidify your understanding. By focusing on the core curriculum, These Questions & Answers helps you cover all the essential topics, ensuring you're well-prepared for every section of the exam. Each question comes with a detailed explanation, offering valuable insights and helping you to learn from your mistakes. Whether you're looking to assess your progress or dive deeper into complex topics, our updated Q&A will provide the support you need to confidently approach the American Bankers Association CTFA exam and achieve success.

The questions for CTFA were last updated on Mar 31, 2025.
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Question No. 1

A universal life insurance provides two types of death protections, i.e. Type A and B. As with any insurance policy, universal life insurance has its own pros and cons. There are two principle advantages. Which of the followings is/are out of those advantages?

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Correct Answer: B

Question No. 2

Which of the following is the theories searching the patterns in randomness?

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Correct Answer: B

Question No. 3

Most financial planners fall into one of two categories based on how they are paid. Commission based planners earn commissions on the financial products they sell, whereas ______________ charge fees based on the complexity of the plan they prepare.

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Correct Answer: A

Question No. 4

An estimate due to time lags in the receipt of reports from cendants is called reinsurance.

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Correct Answer: A

Question No. 5

Money given by a buyer to a seller, as part of the purchase price to bind a transaction or assure payment.

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Correct Answer: C

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