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American Bankers Association CTFA Exam - Topic 6 Question 98 Discussion

Actual exam question for American Bankers Association's CTFA exam
Question #: 98
Topic #: 6
[All CTFA Questions]

All of the following are the causes of change in investor's circumstances, EXCEPT:

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Suggested Answer: C

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Maia
3 days ago
Hmm, I'm going with B. Liquidity requirement changes. That's the one that doesn't quite fit with the other options.
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Tamesha
8 days ago
D. tax circumstances changes is the odd one out here. The rest are all valid reasons an investor's situation could change.
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Bernadine
13 days ago
I think the answer is C. Authority circumstance changes doesn't seem like a valid cause of change in an investor's circumstances.
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Daryl
18 days ago
I agree with the others that C seems off. Tax circumstances and liquidity are definitely big factors, but I can't recall any examples involving authority changes.
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Ilene
24 days ago
I’m a bit confused about the term "authority circumstance changes." Does that really impact an investor's situation? It feels like a trick question.
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Margurite
29 days ago
I remember a practice question that focused on liquidity needs and investment horizons. They definitely affect investor circumstances, so I think those options are out.
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Alverta
1 month ago
I think the answer might be C) Authority circumstance changes, but I'm not entirely sure. It seems less related to personal finance than the others.
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Armando
1 month ago
Yikes, this is a tough one. I'm going to have to guess on this, but I'll try to eliminate the answers I'm more sure about first.
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Susana
1 month ago
I'm feeling pretty confident about this one. I remember discussing these types of investor changes in class, so I think I can narrow it down logically.
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Talia
2 months ago
Okay, I've got a strategy. I'll think about the key factors that can impact an investor's situation, then see which one doesn't fit. Liquidity needs and tax situation are definitely important, so I'll focus on figuring out that "authority circumstance" thing.
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Mitzie
2 months ago
Ugh, I'm not sure about this. I know investment horizon and tax circumstances can change, but what's an "authority circumstance"? I'll have to think this through carefully.
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Kati
2 months ago
Hmm, this one seems straightforward. I'll start by eliminating the obvious answers and then focus on the tricky one.
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