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ABA CTFA Practice Test - Questions Answers, Page 86

List of questions

Question 851

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Fair quoted techniques used to measure fair value should maximize the use of observable inputs and minimize the use of unobservable inputs.

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Question 852

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What is made on an instrument-by-instrument basis, generally when an instrument is initially recognized in the financial statements?

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Question 853

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Put Option is:

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Question 854

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A private agreement to buy or sell a given quantity of an asset such as a currency, interest rate or commodity at a specified future date at a specified price is called:

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Question 855

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Which of the following is NOT the Asset/ Liability Management (ALM) activity?

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Question 856

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A holistic analysis in a multi-scenario framework of all significant factors that can affect an insurer's future financial condition is called:

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Question 857

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A metric is a measurement standard or yardstick for quantifying Asset/Liabilities Management (ALM) risk.

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Question 858

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The ten largest companies account for what percent of life insurance sales in Canada?

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Question 859

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Which of the following is NOT the category of Life and health insurers in Canada?

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Question 860

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Which of the following is the significant requirement for ongoing regulatory reporting to the Office of the Superintendent of Financial Institutions (''OSFI'')?

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