Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

American Bankers Association Exam CTFA Topic 7 Question 77 Discussion

Actual exam question for American Bankers Association's CTFA exam
Question #: 77
Topic #: 7
[All CTFA Questions]

Fair quoted techniques used to measure fair value should maximize the use of observable inputs and minimize the use of unobservable inputs.

Show Suggested Answer Hide Answer
Suggested Answer: B

by Carma at Sep 15, 2024, 11:35 AM

Limited Time Offer

25%

Off

Get Premium CTFA Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel
Vicki
5 months ago
Ha! Anyone who picks B is probably trying to hide something. Gotta love those unobservable inputs, right? Nah, just kidding. A is the way to go.
upvoted 0 times
Katlyn
4 months ago
Totally agree! A all the way, let's stick to observable inputs for fair value measurement.
upvoted 0 times
...
Corazon
4 months ago
Haha, yeah, A is definitely the way to go. Can't trust those unobservable inputs.
upvoted 0 times
...
Kiley
4 months ago
A
upvoted 0 times
...
...
Marylin
5 months ago
I agree with the others. Option A is the correct choice. Maximizing observable inputs is a must for fair quoted techniques.
upvoted 0 times
Sabrina
4 months ago
Yes, maximizing observable inputs is crucial for fair quoted techniques.
upvoted 0 times
...
Vesta
4 months ago
A) True
upvoted 0 times
...
Taryn
4 months ago
I agree, option A is the correct choice.
upvoted 0 times
...
Harley
5 months ago
A) True
upvoted 0 times
...
...
Helaine
5 months ago
I agree with Martin. Using observable inputs is more reliable in determining fair value.
upvoted 0 times
...
Tawna
5 months ago
False. Sometimes unobservable inputs are necessary for certain assets.
upvoted 0 times
...
Martin
5 months ago
True. It makes sense to rely more on observable inputs for accuracy.
upvoted 0 times
...
Jospeh
5 months ago
Absolutely! Minimizing unobservable inputs is crucial for maintaining transparency and reliability in fair value assessment.
upvoted 0 times
...
Octavio
6 months ago
That's a no-brainer! Of course, the true answer is A. Using observable inputs is the way to go for fair value measurement.
upvoted 0 times
Micaela
4 months ago
B) False
upvoted 0 times
...
Merissa
4 months ago
I agree, using observable inputs ensures transparency and reliability.
upvoted 0 times
...
Alecia
4 months ago
Absolutely! Observable inputs are key for accurate fair value measurement.
upvoted 0 times
...
Sherita
5 months ago
A) True
upvoted 0 times
...
...

Save Cancel