Total 900 Questions |
Updated On: Feb 19, 2025
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Free American Bankers Association CTFA Exam Questions
Become American Bankers Association Certified with updated CTFA exam questions and correct answers
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Question 1
What represents the amounts needed to provide for the estimated ultimate cost of settling claims relating to insured events that have occurred on or before a particular date?
Answer: D
Question 2
Which one of the following is correct formula for calculating operating margin?
Answer: C
Question 3
The market in which the reporting entity would sell the asset or transfer the liability with the greatest volume and level of activity for the asset or liability is known as:
Answer: C
Question 4
It occurs when a principal balance on a mortgage loan increases because the monthly loan payment is lower than the amount of monthly interest being charged. What is it?
Answer: A
Question 5
The accumulation phase in annuities can last from as long as:
Answer: B
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Total 900 Questions |
Updated On: Feb 19, 2025
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