Online Access Free IIA-CFSA Exam Questions

Risk assessment may be:

• A.Both A&B
• B.Qualitative only
• C.Quantitative only
• D.Qualitative in general and quantitative in specific

The actual amount of payment the annuitant pays is based on:

• A.No of annuity payment to be made
• B.Amount of money invested and interest rate
• C.Length of the time principle has been invested
• D.All of the above

Risks inherent in the management process are known as:

• A.Control risks
• B.Long-term risks
• C.Strategic risks
• D.Residual risks

The balance sheet is the fundamental report of a company's financial position. An examination of a balance sheet will assist in determining:

• A.The type of assets that company has purchased with its debt financing
• B.If the company meets its financial obligations
• C.The company's debt ratio
• D.The amount of money invested in outside the company

Asset/liability management is a planning tool designed to maximize earnings. ALM tries to create optimal risk/reward decisions and focuses on creating prices that achieve a desired spread. A sound ALM policy must manage many types of risks such as:

• A.Liquidity risk
• B.All of these
• C.Capital risk
• D.Credit risk