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Most Recent American Bankers Association CTFA Exam Questions & Answers


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 Nov 21, 2024.
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Question No. 1

Dealer charges include:

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Correct Answer: D

Question No. 2

A private agreement to buy or sell a given quantity of an asset such as a currency, interest rate or commodity at a specified future date at a specified price is called:

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Correct Answer: D

Question No. 3

In determining whether an operation is self-sustaining or integrated, what you do not need to consider is:

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Correct Answer: B

Question No. 4

When constructing a portfolio for a UK resident basic-rate taxpayer who requires an income, the most tax efficient solution would be achieved by:

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Correct Answer: B

Question No. 5

APR is the same as the interest rate.

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Correct Answer: B

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