Aif Study guides, Class notes & Summaries

AIF Training All Possible Questions and Answers with complete solution

AIF Test Questions With 100% Latest Solutions!!

AIF Overview

AIF Overview UPDATED Exam Questions and CORRECT Answers Standard of Care - Fiduciary - Correct ANSWER- 1-Principles and relationship based 2-Undivided duty of loyalty to client: • Avoid or manage conflicts • Greater transparency of conflicts 3-Duty of care of a prudent expert with utmost good faith: • Prudent expert standard • Advice must be suitable and in clients best interests

AIF Test UPDATED Exam Questions and CORRECT Answers What make you a Fiduciary? - Correct ANSWER- Being named fiduciary in governing docs Providing personalized investment advice for compensation Exercising investment discretion Having authority to appoint other fiduciaries ERISA - Correct ANSWER- Type of Plan: Private Retirement Oversight: DOL, IRS and Pension Benefit Guaranty Common Plans: 401k, Private 403b, Profit Sharing , DB Plans, SEP & SIMPLE Taft-Hartley Act (1947) - Correct A...

AIF UPDATED Exam Questions and CORRECT Answers Level 1 Fiduciary Assessment - Correct ANSWER- Gap Analysis and may be conducted by a trained internal staff or by external fiduciary experts. Level 2 Assessment - Correct ANSWER- If deficiencies are identified, a competent assessor is best positioned to conduct remediation. Level 3 Assessment - Correct ANSWER- When all deficiencies are remediated

AIF Exam One Qs With Correct As

Aifd/ CFD Online Exam Questions With Complete Solutions Cost of Goods Sold correct answer: the amount of money a firm spent to buy or produce the products it sold during the period to which the income statement applies Inventory correct answer: the merchandise that a company sells to customers Stock on hand Tailoring correct answer: >Removing parts/ pieces To distort/ alter the surface > Trimming, gluing/ stapling portion of plant material e.g. using scissors to cut palm lea...

NAIFA FLORIDA Exam Questions and Answers (Latest Update 2024)

NAIFA FLORIDA Exam Questions and Answers (Latest Update 2024)