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American Bankers Association CTFA Exam - Topic 10 Question 30 Discussion

Posted by Barrett on May 29, 2022 at 07:42 AM

_____________ is considered to be self-sustaining if it is financially and operationally independent of the reporting enterprise.

Suggested Answer: D

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11 comments · newest first
PU
Pura 11 months ago
Totally agree, D is the right choice!
HE
Helaine 11 months ago
Really? I’m surprised it’s not B, that seems more fitting.
LE
Lenny 12 months ago
A self-sustaining entity needs to be independent, so D makes sense.
JO
Johna 12 months ago
I thought it was B, Reinsurance.
MA
Mariann 12 months ago
It's definitely D, Foreign operation.
AR
Aretha 1 year ago
I keep mixing up these terms, but I think retrocession is more about transferring risk, so it can't be A.
ST
Stevie 1 year ago
I feel like we covered this in class, and I thought self-sustaining referred to portfolio investments. Could that be C?
SH
Sherell 1 year ago
I'm not entirely sure, but I remember something about reinsurance being related to financial independence. Maybe it's B?
LE
Leah 1 year ago
I think the answer might be D, foreign operation, since it can operate independently from the main business.
SA
Salena 1 year ago
I've got this! The phases listed in the question are feasibility study, concept development, design, and prototype, so the correct answer is A.
JE
Jesse 1 year ago
I see 'Rest' and 'Ice' in multiple answers. I'll carefully look at the last three words to figure this out systematically.
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