American Bankers Association Exam CTFA Topic 9 Question 81 Discussion

Actual exam question for American Bankers Association's CTFA exam

Question #: 81
Topic #: 9

The market in which the reporting entity would sell the asset or transfer the liability with the greatest volume and level of activity for the asset or liability is known as:

ATransfer market

BTransport market

CPrincipal market

DTurn-around market

Show Suggested Answer

Suggested Answer: C

by Marylin at Nov 18, 2024, 02:28 AM

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Ezekiel

18 hours ago

C) Principal market - duh! That's the one everyone knows about. The other options sound like they were thrown in just to confuse us.

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Wayne

2 days ago

The principal market seems like the obvious choice here. I mean, who wants to transfer their assets in the 'turn-around market'? Sounds sketchy!

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