Helping Hand Questions for IIA-CFSA

Certified Financial Services Auditor Questions and Answers

Question 69

The term “thrift institution” is referred to:

Savings banks

Savings and loan associations

Saving banks and saving loan associations

Mortgage banks

Question 70

Preliminary prospectuses are often called:

Red hearing

Introductory Notes

Initial Coverage

None of these

Question 71

Life insurance includes all of following the products EXCEPT:

Mortgage life insurance

Straight life insurance

Specialty life insurance

Permanent life insurance

Question 72

Policy holders of whole life insurance use the cash dividends in many ways as:

To lower or vanish premium

To purchase more insurance

To pay more term insurance

All of these