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IIA-CFSA · Question #112

IIA-CFSA Question #112: Real Exam Question with Answer & Explanation

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Question

Under the interagency statement when a bank recommends or sells non-deposit investment product it should inform the customer that the product is:

Options

  • AHaving high interest rate
  • BNot insured by FDIC
  • CNot a deposit or other obligation of, or guaranteed by the depository institution
  • DOnly B&C

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