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IIA IIA-CFSA Exam With Confidence Using Practice Dumps

Exam Code:
IIA-CFSA
Exam Name:
Certified Financial Services Auditor
Certification:
Vendor:
Questions:
511
Last Updated:
Dec 22, 2024
Exam Status:
Stable
IIA IIA-CFSA

IIA-CFSA: IIA Other Certification Exam 2024 Study Guide Pdf and Test Engine

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Certified Financial Services Auditor Questions and Answers

Question 1

Universal life policies are a form of permanent life insurance that has flexible premiums, flexible face amounts, and separate pricing for the three major pricing categories. Which of the following is/are out of those categories?

Options:

A.

Mortality charges based on the insurer’s risk classification

B.

Internet rate paid on the cash value

C.

Expenses associated with administering the policy

D.

All of these

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Question 2

___________ are investment securities that do not fall under one of the other types of securities. Examples of these are Type III securities including corporate bonds and municipal bonds.

Options:

A.

Type II Securities

B.

Type III Securities

C.

Type I Securities

D.

Type IV Securities

Question 3

Insurance products yield _________ compared to regular investment option and this is besides the added incentives (read bonuses) offered by insurers.

Options:

A.

More

B.

Less

C.

Almost the same

D.

It depends