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American Bankers Association CTFA Exam Sample Questions

Question: 2

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

  1. Goal dates
  2. Target dates
  3. Due dates
  4. Financial dates


Answer: A

Question: 2

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

  1. Goal dates
  2. Target dates
  3. Due dates
  4. Financial dates


Answer: A

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Question: 4

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

  1. Lend
  2. Borrow
  3. Spend
  4. None of the above


Answer: B

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Question: 5

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

  1. Long-term financial planning process
  2. Short-term financial planning process
  3. Life time financial planning process
  4. Permanent financial planning process


Answer: A

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Question: 2

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

  1. Goal dates
  2. Target dates
  3. Due dates
  4. Financial dates


Answer: A

Question: 2

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

  1. Goal dates
  2. Target dates
  3. Due dates
  4. Financial dates


Answer: A