IIA Exam IIA-CFSA Topic 6 Question 73 Discussion

Actual exam question for IIA's IIA-CFSA exam

Question #: 73
Topic #: 6

[All IIA-CFSA Questions]

Annuities can be purchased through the following methods EXCEPT:

ASingle payment deferred

BPeriodic payment deferred

CImmediate payment

DSingle payment accrued

Show Suggested Answer

Suggested Answer: D

by Paris at Mar 23, 2025, 09:54 AM

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1 days ago

I agree with Bonita, because annuities are not purchased through single payment accrued method.

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1 days ago

Easy peasy, it's C. Immediate payment. Who would buy an annuity with immediate payment? That's just a lump sum.

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3 days ago

Hmm, I think the answer is D. Single payment accrued doesn't sound like a real annuity payment method.

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14 days ago

I think the answer is D) Single payment accrued.

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