Investment fiduciary Study guides, Class notes & Summaries

ACC 426 - CH 1 QUESTIONS AND ANSWERS ALREADY GRADED A Governmental funds include: A) Special revenue funds B) Internal service funds C) Enterprise funds D) Agency funds A Which of the following has established a "Hierarchy of GAAP": A) Financial Accounting Standards Board. B) Federal Accounting Standards Advisory Board C) Governmental Accounting Standards Board D) All of the above have established a hierarchy D The term "proprietary funds" applies to: A) all funds that use accrual ...

"Investment Adviser" person/firm compensated for engaging in business of (directly or indirectly) advising others on securities or the advisability of investing (or) who issues analysis/reports concerning securities - SEC vs Capital Gains Research Bureau basis of Fiduciary Rule, specifically Best Interest SEC Registration Required when 1) definition of "IA" is met (unless otherwise excepted from definition or exempt/prohibited from registration); AND $100M in AUM (optional for Mid-Sized ...

CTFA - Practice Exam #1 Questions and Answers 100% Pass "Constructive Receipt" is normally applicable to the tax treatment of... Non-Qualified Deferred Compensation Plans Non-Qualified Deferred Compensation TCHRA: Compensation that is not immediately taxable. It does not qualify under ERISA for tax exemption. Taxation occurs once the individual receives the compensation or "property" A 1035 exchange refers to a tax free exchange of... Annuities 1035 Exchange IRS allows tax-...

The most common manner in which to transfer risk in real estate property management is through the use of: A. indemnification agreements. B. insurance policies. C. hold harmless agreements. D. release of liability forms. - B. In risk management, the most common and effective manner in to transfer risk is by the use of insurance policies. The property owner pays a premium, and the insurance company takes on the liability for the occurrence of the insured event. Which of the following is...

"Investment Adviser" person/firm compensated for engaging in business of (directly or indirectly) advising others on securities or the advisability of investing (or) who issues analysis/reports concerning securities - CORRECT ANS SEC vs Capital Gains Research Bureau basis of Fiduciary Rule, specifically Best Interest SEC Registration Required when 1) definition of "IA" is met (unless otherwise excepted from definition or exempt/prohibited from registration); AND $100M in AUM (op...

Cases that don't constitute license law violations are correct answers dismissed on intake. Investigative dismissals are correct answers cases that went to investigation and were subsequently dismissed. Title 12 of the Colorado Revised Statutes gives correct answers the Colorado Division of Real Estate jurisdiction over real estate licensees and entities in the state, which includes the requirement to investigate complaints. One of the top licensee violations is correct answers failing...

A portfolio manager purchases a bond on a yield-to-call basis. The bond was trading at correct answer: a premium What activity can an investment company perform without shareholder vote correct answer: appointment of officers of the investment company Which of the following ar issued with a specified, fixed rate of interest correct answer: u.s. Government bonds and notes What joing account is designed specifically for married couples? Correct answer: tenancy by entirety What is t...

"Investment Adviser" person/firm compensated for engaging in business of (directly or indirectly) advising others on securities or the advisability of investing (or) who issues analysis/reports concerning securities - SEC vs Capital Gains Research Bureau basis of Fiduciary Rule, specifically Best Interest SEC Registration Required when 1) definition of "IA" is met (unless otherwise excepted from definition or exempt/prohibited from registration); AND $100M in AUM (optional for MidSized ...

PA Exam 3 with 100% Correct Answers 2023 Which of the following are NOT grounds in Pennsylvania for revoking a broker's license? A Being convicted of a felony B Agreeing with the seller to accept a commission that is more than the standard rate C Depositing an earnest money check into the broker's personal account D Advertising as a member of the Pennsylvania Association of Real Estate Professionals when the broker is not really a member - Correct Answer-B It is perfectly legal to agr...

Investment Adviser" person/firm compensated for engaging in business of (directly or indirectly) advising others on securities or the advisability of investing (or) who issues analysis/reports concerning securities - Answer SEC vs Capital Gains Research Bureau basis of Fiduciary Rule, specifically Best Interest SEC Registration Required when 1) definition of "IA" is met (unless otherwise excepted from definition or exempt/prohibited from registration); AND $100M in AUM (optional for Mi...