IACCP Actual Questions and Correct Answers
Q1
Dodd-Frank change in AUM threshold says that million is needed in order to register with the
SEC
Answer: 100
Q2
Full payment for Renewal Statement must be posted to your firm's Renewal Account by _ of
every year.
Answer: December 13th
Q3
What is the goal of the IARD system?
Answer: efficient automated filing system
Q4
Annual updating amendments - You can create your annual amendment days prior to the end of
the fiscal year.
Answer: 60
Q5
Small Advisers are defined as being too small to register with the SEC with assets under $
million
Answer: 25
Q6
The De Minimus rule is no longer applicable AFTER the _ client
Answer: 5th
Q1
Dodd-Frank change in AUM threshold says that million is needed in order to register with the
SEC
Answer: 100
Q2
Full payment for Renewal Statement must be posted to your firm's Renewal Account by _ of
every year.
Answer: December 13th
Q3
What is the goal of the IARD system?
Answer: efficient automated filing system
Q4
Annual updating amendments - You can create your annual amendment days prior to the end of
the fiscal year.
Answer: 60
Q5
Small Advisers are defined as being too small to register with the SEC with assets under $
million
Answer: 25
Q6
The De Minimus rule is no longer applicable AFTER the _ client
Answer: 5th
