American Bankers Association Exam CTFA Topic 6 Question 96 Discussion

Actual exam question for American Bankers Association's CTFA exam

Question #: 96
Topic #: 6

[All CTFA Questions]

Uses of funds include a (an):

ADecrease in cash

BIncrease in any liability

CIncrease in fixed assets

DTax refund

Show Suggested Answer

Suggested Answer: A

by Mattie at Oct 28, 2025, 02:50 AM

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Mozell

3 days ago

I'm a little unsure about this one. I know uses of funds are things that reduce cash, but I'm not totally clear on the other options. Maybe I should review my notes quickly before answering.

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Jerry

9 days ago

Okay, I know uses of funds are things that decrease cash or increase liabilities or fixed assets. I think the answer is C, increase in fixed assets.

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Noe

14 days ago

Hmm, this seems like a straightforward accounting question. I'll need to think through the definitions of each option carefully.

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