Free American Bankers Association CTFA Exam Questions

Become American Bankers Association Certified with updated CTFA exam questions and correct answers

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Total 900 Questions | Updated On: Mar 27, 2025

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Question 1

Loss control is an activity that:

A : Avoid the act that would create loss

B : Lessens the severity of loss once it occurs

C : Lessens the severity of loss after its occurrence

D : None of these

Answer: B

Question 2

The methods used for the premium rates establishment are:

A : Manual, judgmental and premium rating

B : Commercial, judgmental and merit rating

C : Manual, experimental and merit rating

D : Manual, judgmental and merit rating

Answer: D

Question 3

Once the dealer accepts your offer, you complete the purchase transaction and take the delivery of the car. If you are not paying cash for the car, you can arrange financing:

A : Through a consumer finance company

B : At your bank

C : A credit union

D : All of these

Answer: D

Question 4

More investors are using technical analysis now than in earlier periods because:

A : Investors are able to know the quantitative calculations of technical analysis

B : More business schools are now teaching technical analysis

C : The Internet makes more data available to track stock prices

D : There is now more empirical evidence supporting technical analysis

Answer: D

Question 5

A corporation in which you are a shareholder has just gone bankrupt. Its liabilities are far in excess of its assets. You will be called on to pay:

A : A proportionate share of bondholder claims based on the number of common shares that you own.

B : A proportional share of all creditor claims based on the number of common shares that you own.

C : An amount that could, at most, equal what you originally paid for the shares of common stock in the corporation.

D : None of these

Answer: D

Page: 1 / 180

Total 900 Questions | Updated On: Mar 27, 2025

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