American Bankers Association Exam CTFA Topic 11 Question 64 Discussion

Actual exam question for American Bankers Association's CTFA exam

Question #: 64
Topic #: 11

The financial statements of which accounts maintained by insurance company that must be presented separately from the insurance company's general account business?

ABusiness

BTemporal

CPrincipal

DSegregated

Show Suggested Answer

Suggested Answer: D

by Teri at Apr 28, 2024, 02:54 PM

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Lou

5 months ago

That makes sense. I'll go with 'D' too.

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Earnestine

5 months ago

Because those are usually separate from general accounts for specific purposes.

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Macy

5 months ago

Hmm, why 'Segregated'?

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Earnestine

5 months ago

Any ideas? I think it might be 'Segregated' accounts.

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Lou

6 months ago

Yeah, it's about insurance company accounts. Confusing!

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Macy

7 months ago

The exam question is tricky. What do you all think?

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