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IIA-CFSA · Question #455

The administration of personal trust accounts is primarily controlled by all of the following EXCEPT:

The correct answer is A. Terms of Governing instrument. See the full explanation below for the reasoning.

Question

The administration of personal trust accounts is primarily controlled by all of the following EXCEPT:

Options

  • ATerms of Governing instrument
  • BA will
  • CTrust agreement
  • DCourt order

How the community answered

(26 responses)
  • A
    85% (22)
  • B
    4% (1)
  • C
    8% (2)
  • D
    4% (1)

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