Free CTFA Exam Braindumps (page: 30)

Page 30 of 113

_________ is the result writing a check for an amount greater than the current account balance.

  1. Overdrafts
  2. Undercrofts
  3. Checkbook ledger
  4. Overdraft protection

Answer(s): A



It is a booklet provided with a supply of checks, used to maintain accurate records of all checking account transactions.

  1. Overdrafts
  2. Undercrofts
  3. Checkbook ledger
  4. Overdraft protection

Answer(s): C



An arrangement between the account holder and the depository institution wherein the institution automatically pays a check that overdraws the account is called:

  1. Overdrafts
  2. Undercrofts
  3. Checkbook ledger
  4. Overdraft protection

Answer(s): D



Diversification:

  1. Allows you to profit in any market
  2. Is a way to reduce volatility of your investments
  3. Is the only way to profit in the long run
  4. Requires investing in hundreds of funds

Answer(s): B



Page 30 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
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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