ABA CTFA Exam Actual Questions

Financial goals cove a wide range of financial aspirations such as:

Correct Answer: D 🗳️

These are target dates in the future when certain financial objectives are expected to be completed. What are these?

Correct Answer: A 🗳️

Today's well-defined employee benefits package cover a full spectrum of benefits that may include all EXCEPT:

Correct Answer: D 🗳️

Tax deferred retirement plans and flexible spending accounts offer tax advantages. Some retirement plans allow you to__________ against them.

Correct Answer: B 🗳️

Accumulating assets to enjoy in retirement is only part of the:

Correct Answer: A 🗳️

This is a type of employee benefit plan wherein the employer allocates a certain amount of money and then the employee spends that money for benefits selected from a menu covering everything from child care to health and life insurance to retirement benefits.

Correct Answer: D 🗳️

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.

Correct Answer: A 🗳️

When determining the interaction between the UK and EU on the regulation of the financial services industry, the UK government must always

Correct Answer: B 🗳️

A client has previously written to her former adviser opting out of any marketing activities from the firm or any third parties. However she continues to receive direct investment offers from the firm. She should complain based on the firm not complying with which set of regulations?

Correct Answer: B 🗳️

The Financial Services and Markets Act 2000 regulates the provision of which type(s) of financial advice?

Correct Answer: B 🗳️