Free CTFA Exam Braindumps (page: 19)

Page 19 of 113

If two projects are completely independent (or unrelated), the measure of correlation between them is:

  1. 0
  2. 0.5
  3. 1
  4. -1

Answer(s): A



Managerial options can be viewed as:

  1. Methods for reducing agency risk through the use of incentives
  2. Methods for reducing total firm risk through diversification
  3. Strategies for increasing management compensation
  4. Opportunities for altering management decisions in the future

Answer(s): D



Checkbook ledger:

  1. Is for informal use
  2. Is a booklet provided with a supply of check
  3. Used to maintain accurate record
  4. Both B and C are correct

Answer(s): D



Assume that you purchase a car for $20, 000 in September. You make a down payment of $3000 and finance the remaining amount $17000 with a 4-year, 5.5% installment loan payable monthly. Your September 30 income statement would show a cash expenditure of $3000, and each subsequent monthly income statement would your monthly loan payment of:

  1. $395
  2. $495
  3. $795
  4. $295

Answer(s): A



Page 19 of 113



Post your Comments and Discuss ABA CTFA exam with other Community members:

JUAN commented on June 28, 2023
aba questions to practice
UNITED STATES
upvote

JUAN commented on June 28, 2023
aba questions to practice
UNITED STATES
upvote

Alo commented on November 12, 2018
we shall see, just downloaded. Will report back
Anonymous
upvote