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Exam (elaborations)
CPFA Practice Exam
CPFA Practice Exam 
 
A) A TPA performs annual compliance testing. - - - Which statement regarding service 
providers is TRUE? 
 
A) A TPA performs annual compliance testing. 
B) A recordkeeper has the legal obligation to provide an interpretation of a plan provision. 
C) An accountant processes the "money out" for a participant account. 
D) A plan advisor is responsible for drafting annual safe harbor notices. 
 
A) Provides efficient contribution and distribution processes. - - - Which state...
Exam (elaborations)
CPFA Practice Exam (NAPA Questions) — 200 
Questions WITH Answers and detailed 
rationales updated 2026
PopularCPFA Practice Exam (NAPA Questions) — 200 
Questions WITH Answers and detailed 
rationales updated 2026