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Curious about Actual American Bankers Association CTFA (CTFA) Exam Questions?
Here are sample American Bankers Association Certified Trust and Financial Advisor (CTFA) Exam questions from real exam. You can get more American Bankers Association CTFA (CTFA) Exam premium practice questions at TestInsights.
Question 1
Which of the following is NOT the Asset/ Liability Management (ALM) activity?
Correct : A
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Question 2
Which investments held by life insurance enterprises should be carried in the balance sheet at amortized cost?
Correct : C
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Question 3
The approach in which the investment policy should ''identify acceptable ranges for investments in different types of instruments, including cash, equities, bonds and debentures, and real property is known as:
Correct : A
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Question 4
Investments in equities by a life insurance company may not exceed the total of
Correct : D
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Question 5
___________ reserves for income tax purposes are referred to as maximum tax actuarial reserves (MTAR) and replace the actuarial liabilities used for accounting purposes in computing taxable income.
Correct : B
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