American Bankers Association Exam CTFA Topic 9 Question 81 Discussion

Actual exam question for American Bankers Association's CTFA exam

Question #: 81
Topic #: 9

[All CTFA Questions]

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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Sabine

3 months ago

Principal market, no doubt. The other choices sound like they were pulled straight out of a transportation dictionary.

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Brittni

2 months ago

Definitely, the principal market is key for determining fair value.

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Galen

2 months ago

It's important to focus on the principal market for accurate reporting.

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Willetta

2 months ago

Yeah, the other options don't really make sense in this context.

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Juliann

2 months ago

I agree, the principal market is where the most activity and volume is.

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Margot

3 months ago

I'm not sure, but I think it's between A) Transfer market and C) Principal market.

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Daren

3 months ago

I agree with Leanora, the principal market makes the most sense.

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Leanora

3 months ago

I think the answer is C) Principal market.

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Danilo

3 months ago

Haha, 'Transport market'? Really? I think the exam writers need to go back to the drawing board on that one. C all the way!

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Fabiola

4 months ago

I'm going with C. Principal market. Sounds like the most legitimate and well-known option on the list.

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Gladys

2 months ago

I see your point, but I still think C is the best option.

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Wilson

2 months ago

I'm not so sure, I think it could also be A. Transfer market.

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Beckie

2 months ago

Yeah, I think it's where the most activity and volume would be.

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Alberto

3 months ago

I agree, C. Principal market seems like the most logical choice.

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Ezekiel

4 months 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

4 months 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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Nickolas

2 months ago

Transport market doesn't seem like the right fit for high volume transactions.

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Staci

3 months ago

I think I would feel more comfortable in the transfer market.

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Gilbert

3 months ago

Yeah, the turn-around market does sound a bit risky.

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Gracie

3 months ago

I agree, the principal market is where most of the action happens.

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