Free Practice American Bankers Association CTFA Exam Questions 2025

Stay ahead with 100% Free Certified Trust and Fiduciary Advisor (CTFA) CTFA Dumps Practice Questions

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Total 900 Questions | Updated On: Jun 04, 2025

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Question 1

If you had a savings account at a bank, which of the following would be correct concerning the interest that you would earn on this account?

A : Sales tax may be charged on the interest that you earn

B : You cannot earn interest until you pass your 18th birthday

C : Earnings from savings account interest may not be taxed

D : Income tax may be charged on the interest if your income is high enough

Answer: D

Question 2

When one buys a cash instrument, for example 100 shares of ABC Inc., the payoff is linear(disregarding the impact of dividends). If share are purchased at $50 and the price appreciated to $75, we have ________ on a mark-to-mark basis.

A : Made $2500

B : Lost $2500

C : Made $2500

D : None of these

Answer: A

Question 3

Of the following statements identify the advantage of the market measures to the investor.

A : These measures identify the population to be measured and its method

B : These measures offer equivalents for common sizes and metric units

C : These measures regulate the access to and cost of imports and exports

D : These measure quickly judge the overall portfolio performance

Answer: D

Question 4

In bottom up approach of fundamental analysis investors begin with:

A : Industry

B : Economy

C : Market

D : Company

Answer: D

Question 5

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

Page: 1 / 180

Total 900 Questions | Updated On: Jun 04, 2025

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