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CTFA - Fiduciary & Trust Activities Questions & Answers
Constructive Trusts - ANSWERSA fraud rectifying trust, imposed by a court to protect those who lose property to a wrongdoer 
 
Resulting Trust - ANSWERSAn intent enforcing trust based upon the presumed intent of a transferor of property 
 
Implied Trust - ANSWERSAn implied trust is an element of trust law, and refers to a trust that has not been "expressly created by the settlor."[1] There are two types of implied trust: 
 
Constructive Trusts and Resulting Trusts are always - ANSWERSImpli...
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Constructive Trusts - ANSWERSA fraud rectifying trust, imposed by a court to protect those who lose property to a wrongdoer 
 
Resulting Trust - ANSWERSAn intent enforcing trust based upon the presumed intent of a transferor of property 
 
Implied Trust - ANSWERSAn implied trust is an element of trust law, and refers to a trust that has not been "expressly created by the settlor."[1] There are two types of implied trust: 
 
Constructive Trusts and Resulting Trusts are always - ANSWERSImpli...
CTFA - Financial Planning Questions & Answers Correct!!
Asset Allocation should conform to an individual's _____________ - ANSWERSrisk tolerance 
 
A springing durable power of attorney is effective only on a _____________________ - ANSWERSconditional event 
 
What is the minimum age for receiving Social Security benefits? - ANSWERS62 
 
Assume Greg inherits stock from his father that he purchased at $50 per share and it appreciated to $75 per share by the date of his father's death. At the time the estate settled one year later, the stock had ...
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Asset Allocation should conform to an individual's _____________ - ANSWERSrisk tolerance 
 
A springing durable power of attorney is effective only on a _____________________ - ANSWERSconditional event 
 
What is the minimum age for receiving Social Security benefits? - ANSWERS62 
 
Assume Greg inherits stock from his father that he purchased at $50 per share and it appreciated to $75 per share by the date of his father's death. At the time the estate settled one year later, the stock had ...
CTFA Practice Exam 1 Questions & Answers
Q. Which of the following types of trusts can use the Uniform Principal and Income Act power to adjust ? 
A. GRAT 
B. Trust under will 
C. Revocable trust 
D. Charitable lead trust - ANSWERSSolution : The correct answer is B. 
 
Q. Which of the following is a power of attorney for property that is effective upon execution and does NOT terminate upon the principal's incapacity? 
A. General 
B. Springing 
C. Durable 
D. Limited - ANSWERSSolution: The correct answer is C 
 
Q. A client borro...
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Q. Which of the following types of trusts can use the Uniform Principal and Income Act power to adjust ? 
A. GRAT 
B. Trust under will 
C. Revocable trust 
D. Charitable lead trust - ANSWERSSolution : The correct answer is B. 
 
Q. Which of the following is a power of attorney for property that is effective upon execution and does NOT terminate upon the principal's incapacity? 
A. General 
B. Springing 
C. Durable 
D. Limited - ANSWERSSolution: The correct answer is C 
 
Q. A client borro...
CTFA Practice Questions (missed) 2023 Question & Answers
Which of the following is accomplished when the court of jurisdiction approves a fiduciary's annual accounting? - ANSWERSThe beneficiaries are prevented from objecting later to any conduct of the trustee which was fairly stated in the accounting 
 
You live and work in a state that has adopted the UTC. Absent any relevant language in the instrument, a trust created after adoption of the UTC is considered: - ANSWERSRevocable and amendable 
 
Unless specifically approved by the bank's board ...
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Which of the following is accomplished when the court of jurisdiction approves a fiduciary's annual accounting? - ANSWERSThe beneficiaries are prevented from objecting later to any conduct of the trustee which was fairly stated in the accounting 
 
You live and work in a state that has adopted the UTC. Absent any relevant language in the instrument, a trust created after adoption of the UTC is considered: - ANSWERSRevocable and amendable 
 
Unless specifically approved by the bank's board ...
Program Paradigms Exam 2 Questions & Answers 100%
How to add type annotations - ANSWERSEx. interface OnClickHandler { (x:number, y:number): void; } 
 
What tsc does - ANSWERS- envokes the TypeScript compiler 
- converts to JavaScript 
 
 and formatting strings - ANSWERS('message'); 
 
The --strict flag - ANSWERS- typescript compiler flag 
- "please find my bugs" 
 
var - ANSWERSfunction-level or global scope. This means they are accessible throughout the entire function where they are declared or, if declared outside any function, t...
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How to add type annotations - ANSWERSEx. interface OnClickHandler { (x:number, y:number): void; } 
 
What tsc does - ANSWERS- envokes the TypeScript compiler 
- converts to JavaScript 
 
 and formatting strings - ANSWERS('message'); 
 
The --strict flag - ANSWERS- typescript compiler flag 
- "please find my bugs" 
 
var - ANSWERSfunction-level or global scope. This means they are accessible throughout the entire function where they are declared or, if declared outside any function, t...
exam 2 public finance Questions & Answers Correct!!
A Pure public good is - ANSWERS-one that is nontrivial in consumption 
-one whose benefits are not subject to exclusion 
(Both B and C) 
 
The nonrival property of pure public goods implies that the: - ANSWERSbenefits enjoyed by existing customers are unaffected as more consumers enjoy a given quantity of the good 
 
The property of nonexclusion for pure public goods means that the benefits of the good : - ANSWERScannot be withheld from consumers even if they refuse to pay 
 
Cable TV programm...
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A Pure public good is - ANSWERS-one that is nontrivial in consumption 
-one whose benefits are not subject to exclusion 
(Both B and C) 
 
The nonrival property of pure public goods implies that the: - ANSWERSbenefits enjoyed by existing customers are unaffected as more consumers enjoy a given quantity of the good 
 
The property of nonexclusion for pure public goods means that the benefits of the good : - ANSWERScannot be withheld from consumers even if they refuse to pay 
 
Cable TV programm...
BioChem Exam 2 Questions & Answers
which of the following statements concerning protein domains is true? - ANSWERSthey may retain their correct shape even when separated from the protein 
 
the structural classification of proteins (based on motifs) is based primarily based on their... - ANSWERSsecondary structure content and arrangement 
 
the number of polypeptide chains indicates... - ANSWERSa protein has quaternary structure 
 
experiments on denaturation and renaturation after the reduction and reoxidation of the -s- s- bond...
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which of the following statements concerning protein domains is true? - ANSWERSthey may retain their correct shape even when separated from the protein 
 
the structural classification of proteins (based on motifs) is based primarily based on their... - ANSWERSsecondary structure content and arrangement 
 
the number of polypeptide chains indicates... - ANSWERSa protein has quaternary structure 
 
experiments on denaturation and renaturation after the reduction and reoxidation of the -s- s- bond...
tsc food sam Questions & Answers
foodborne illness is transmitted to people through - ANSWERSfood 
 
types of hazards that make food unsafe - ANSWERSbiological, chemical, physical 
 
Physical hazard - ANSWERSglass, bones, staples, bandage, jewlery 
 
chemical hazard - ANSWERScleaners, sanitizers, polishes 
 
biological hazard - ANSWERSvirus bacteria, parasites, fungi 
 
what four practices make food unsafe - ANSWERStime temperature abuse, poor personal hygene, cross contamination, poor cleaning and santizing 
 
how long do you ...
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foodborne illness is transmitted to people through - ANSWERSfood 
 
types of hazards that make food unsafe - ANSWERSbiological, chemical, physical 
 
Physical hazard - ANSWERSglass, bones, staples, bandage, jewlery 
 
chemical hazard - ANSWERScleaners, sanitizers, polishes 
 
biological hazard - ANSWERSvirus bacteria, parasites, fungi 
 
what four practices make food unsafe - ANSWERStime temperature abuse, poor personal hygene, cross contamination, poor cleaning and santizing 
 
how long do you ...
TSC, CSP American Staffing Association Questions & Answers
If an employer meets all of the necessary per Diem requirements, the amount provided to an employee while working out of town is tax deductible for the employer. - ANSWERSTrue 
 
Anthony is a non managerial employee of FedCo who recently turned 65. FedCo has a mandatory retirement policy that requires Jerry to retire. Under the policy, Jerry will receive an annual retirement benefit of 45000. Under federal law, is FedCo's mandatory retirement policy lawful? - ANSWERSFalse/no 
 
Which of the f...
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If an employer meets all of the necessary per Diem requirements, the amount provided to an employee while working out of town is tax deductible for the employer. - ANSWERSTrue 
 
Anthony is a non managerial employee of FedCo who recently turned 65. FedCo has a mandatory retirement policy that requires Jerry to retire. Under the policy, Jerry will receive an annual retirement benefit of 45000. Under federal law, is FedCo's mandatory retirement policy lawful? - ANSWERSFalse/no 
 
Which of the f...
Annex A TSC test Questions & Answers Correct!!
How many usable IPs are in this subnet mask? 
255.255.255.252 - ANSWERS2 
 
When building a square loop antenna, how large will your legs be for a 1/4 wave length, 3Mhz frequency utilizing WD-1? - ANSWERS19.5 feet 
 
The following items are full devices - ANSWERSKIK-11, CYZ-10, PYQ-10 
 
ALE is - ANSWERSAutomatic Link Establishment 
 
What is the length of the radiating elements of for a half wave length antenna utilizing WF-16 with a frequency of 10Mhz? - ANSWERS46.8 feet 
 
What are the two ty...
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How many usable IPs are in this subnet mask? 
255.255.255.252 - ANSWERS2 
 
When building a square loop antenna, how large will your legs be for a 1/4 wave length, 3Mhz frequency utilizing WD-1? - ANSWERS19.5 feet 
 
The following items are full devices - ANSWERSKIK-11, CYZ-10, PYQ-10 
 
ALE is - ANSWERSAutomatic Link Establishment 
 
What is the length of the radiating elements of for a half wave length antenna utilizing WF-16 with a frequency of 10Mhz? - ANSWERS46.8 feet 
 
What are the two ty...