IIA Exam IIA-CFSA Topic 10 Question 45 Discussion

Actual exam question for IIA's IIA-CFSA exam

Question #: 45
Topic #: 10

[All IIA-CFSA Questions]

Relief from administrative details and continuity are the major reasons for:

ATrust acceptance

BTrustee termination

CNaming a financial institution as a trustee

DConvenience and complete services of trusts

Show Suggested Answer

Suggested Answer: D

by Chantell at Feb 10, 2024, 12:01 PM

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1 days ago

I agree with Jody. Trust acceptance and convenience of complete services are also important factors to consider.

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3 days ago

I think the major reasons for naming a financial institution as a trustee are relief from administrative details and continuity.

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