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American Bankers Association CTFA Exam - Topic 2 Question 33 Discussion

Actual exam question for American Bankers Association's CTFA exam
Question #: 33
Topic #: 2
[All CTFA Questions]

A substantial investment is defined as any investment comprising more than 15 percent of an enterprise's voting shares or greater than 35 percent of its equity.

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Suggested Answer: B

by Skye at Jul 25, 2022, 08:34 AM

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Nobuko
4 months ago
Sounds a bit high to me, are you sure about those numbers?
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Alecia
5 months ago
Wait, really? I had no idea it was that low!
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Donette
5 months ago
Totally agree, those thresholds make sense for control.
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Lizette
5 months ago
I thought it was 20% for voting shares?
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Milly
5 months ago
That's correct, substantial investments are over 15% voting shares.
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Makeda
5 months ago
I feel like there might be exceptions or different definitions in other contexts, so I'm a bit uncertain about this one.
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Cordelia
5 months ago
This sounds familiar; I practiced a question like this before, and I believe the answer is True.
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Gene
5 months ago
I think a substantial investment is defined by the percentage of voting shares, but I can't remember the exact numbers.
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Cyril
6 months ago
I recall something about 15 percent and 35 percent, but I'm not sure if that's the right threshold for substantial investments.
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Catina
6 months ago
I think I've got this one figured out. The key is that the Record Detail component is designed to work with a single object, not multiple objects on the same page. So the issue is that they're trying to use it for Account, Case, and Opportunity, which the component isn't set up to handle. I'm confident I can nail this question.
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Elliott
6 months ago
I'm pretty confident the answer is B. The Heavy Forwarder has its own license, while the other options are either free or part of the main Splunk Enterprise license.
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Tandra
6 months ago
Okay, let me think this through. Local variables are only accessible within the scope they're defined in, so they can't be used to transfer data across different parts of the program. I'm going to go with A.
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