CTFA Exam Questions
379 real CTFA exam questions with expert-verified answers and explanations. Page 4 of 8.
- Question #153
Credit cards offer ________ so you can withdraw money instantly.
- Question #154
Credit limit is:
- Question #155
In credit card payments , late payment charges occur when you only pay the minimum payment.
- Question #156
Dealer invoice is the amount a dealer is billed by the car manufacturer.
- Question #157
APR is the same as the interest rate.
- Question #158
Dealer holdback is an allowance:
- Question #159
Dealer charges include:
- Question #160
APR stands for:
- Question #161
Dealer charges include extras such as extended warranty.
- Question #162
In stocks, technical analysis is based on studying:
- Question #163
Socks that tends to periodically rise and fall are called:
- Question #164
High price earnings ratio often indicate that investors:
- Question #165
Defensive stocks:
- Question #166
Stock beta measures:
- Question #167
Penny stocks are traded on________:
- Question #168
Stocks of established companies are called:
- Question #170
____________ are usually expected to produce significant gains.
- Question #171
Fundamental analysis is based on studying:
- Question #172
The way in which people make, distribute, and use their goods and services is called?
- Question #173
Financial plans that are more than five years off are called?
- Question #174
The amount of goods and services available for sale is called?
- Question #175
Saving for vacation next summer or paying off small debts are examples of ?
- Question #176
Spending, saving and investing to have the kind of life you want and financial security can be achieved by?
- Question #177
__________ is concerned with the acquisition, financing, and management of assets with some overall goal in mind.
- Question #178
Jensen and Meckling showed that __________ can assure themselves that the __________ will make optimal decisions only if appropriate incentives are given and only if the __________...
- Question #179
Which of the following statements is not correct regarding earnings per share (EPS) maximization as the primary goal of the firm?
- Question #180
Which of the following is not a perquisite (perk)?
- Question #181
What is the most important of the three financial management decisions?
- Question #182
How are earnings per share calculated?
- Question #183
The __________ decision involves a determination of the total amount of assets needed, the composition of the assets, and whether any assets need to be reduced, eliminated, or repl...
- Question #184
You need to understand financial management even if you have no intention of becoming a financial manager. One reason is that the successful manager of the not-too-distant future w...
- Question #185
The __________ decision involves determining the appropriate make-up of the righthand side of the balance sheet.
- Question #186
Which of the following statements is correct regarding profit maximization as the primary goal?
- Question #187
In negotiating car prices, choosing among various makes, models, and options can make comparison difficult. You can check one of the popular price guides to research used car price...
- Question #188
It is an agreement to purchase an automobile that states the offering price and all conditions of the offer; when signed by the buyer and seller, the contract legally binds them to...
- Question #189
Once the dealer accepts your offer, you complete the purchase transaction and take the delivery of the car. If you are not paying cash for the car, you can arrange financing:
- Question #191
The most popular form of automobile lease is the one in which at the end of its term the lessee simply turns in the car (assuming the preset mileage limit has not been exceeded and...
- Question #192
Open-end lease is:
- Question #193
A commonly sited benefit of leasing is absence of down payment. However, today most leases require a "capital cost reduction" which is the down payment that lowers the potential de...
- Question #194
A good lease contract should clearly define what is considered unreasonable. In addition, most leases requires the lessee to pay a disposition fee:
- Question #195
Most auto leases include a purchase option. The annual mileage allowance is another consideration of lease term. Mileage allowance typically about:
- Question #196
Advantages of leasing are all of the following EXCEPT:
- Question #197
Disadvantages of leasing are all of the following EXCEPT:
- Question #198
A form of direct ownership f an individual unit in a multi-unit project in which lobbies, swimming pools, and other common areas are jointly owned by all property owners in t proje...
- Question #199
An apartment in a building in which each tenant owns a share of nonprofit cooperation that owns the building.
- Question #200
A rental contract:
- Question #201
The maximum percentage of the value of a property that the lender is willing to loan is called:
- Question #202
An insurance policy that protects the mortgage lender from loss in the event the borrower defaults on the loan; typically required by lenders when the down payment is less than 20%...
- Question #203
_________ acronym is that refers to a mortgage payment including stipulated portions of principal, interest, property, taxes and homeowner's insurance.
- Question #204
The principal reason for the existence of leasing is that: