American Bankers Association Exam CTFA Topic 8 Question 67 Discussion

Actual exam question for American Bankers Association's Certified Trust and Financial Advisor exam

Question #: 67
Topic #: 8

[All Certified Trust and Financial Advisor Questions]

Which investments held by life insurance enterprises should be carried in the balance sheet at amortized cost?

AAppraisal-term acts

BVariable-term portfolio

CFixed-term portfolio

DRevenue-earned portfolio

Show Suggested Answer

Suggested Answer: C

by Glory at Jun 03, 2024, 07:01 AM

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Caitlin

2 months ago

Wait, are we talking about life insurance or a game show? 'Appraisal-term acts' sounds like something straight out of 'The Price is Right'!

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Salena

2 months ago

Hmm, I'm not sure. This question seems a little too 'fixed' for my liking. Where's the excitement, the risk? I'm going with B) Variable-term portfolio.

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Reyes

2 months ago

D) Revenue-earned portfolio sounds like the way to go. Gotta maximize those returns, am I right?

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Lizbeth

29 days ago

D) Revenue-earned portfolio sounds like the way to go. Gotta maximize those returns, am I right?

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Wayne

1 months ago

A) Appraisal-term acts

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Estrella

2 months ago

I think the answer is C) Fixed-term portfolio. That makes the most sense for life insurance companies.

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Laurel

2 months ago

Yes, it makes sense to carry investments at amortized cost for stability.

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Sherell

2 months ago

I agree, C) Fixed-term portfolio seems like the right choice for life insurance companies.

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An

3 months ago

I agree, I believe it should be the fixed-term portfolio.

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Louis

3 months ago

I think investments held by life insurance enterprises should be carried in the balance sheet at amortized cost.

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