New Year Sale 2026! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

American Bankers Association CTFA Exam - Topic 10 Question 30 Discussion

Actual exam question for American Bankers Association's CTFA exam
Question #: 30
Topic #: 10
[All CTFA Questions]

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

Show Suggested Answer Hide Answer
Suggested Answer: D

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

Limited Time Offer

25%

Off

Get Premium CTFA Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

0/2000 characters
Submit Cancel
Pura
4 months ago
Totally agree, D is the right choice!
upvoted 0 times
...
Helaine
4 months ago
Really? I’m surprised it’s not B, that seems more fitting.
upvoted 0 times
...
Lenny
4 months ago
A self-sustaining entity needs to be independent, so D makes sense.
upvoted 0 times
...
Johna
5 months ago
I thought it was B, Reinsurance.
upvoted 0 times
...
Mariann
5 months ago
It's definitely D, Foreign operation.
upvoted 0 times
...
Aretha
5 months ago
I keep mixing up these terms, but I think retrocession is more about transferring risk, so it can't be A.
upvoted 0 times
...
Stevie
5 months ago
I feel like we covered this in class, and I thought self-sustaining referred to portfolio investments. Could that be C?
upvoted 0 times
...
Sherell
5 months ago
I'm not entirely sure, but I remember something about reinsurance being related to financial independence. Maybe it's B?
upvoted 0 times
...
Leah
5 months ago
I think the answer might be D, foreign operation, since it can operate independently from the main business.
upvoted 0 times
...
Salena
5 months 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.
upvoted 0 times
...
Jesse
5 months ago
I see 'Rest' and 'Ice' in multiple answers. I'll carefully look at the last three words to figure this out systematically.
upvoted 0 times
...

Save Cancel