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American Bankers Association Exam CTFA Topic 7 Question 77 Discussion

Actual exam question for American Bankers Association's CTFA exam
Question #: 77
Topic #: 7
[All CTFA Questions]

Fair quoted techniques used to measure fair value should maximize the use of observable inputs and minimize the use of unobservable inputs.

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Suggested Answer: B

by Carma at Sep 15, 2024, 11:35 AM

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Vicki
6 months ago
Ha! Anyone who picks B is probably trying to hide something. Gotta love those unobservable inputs, right? Nah, just kidding. A is the way to go.
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Katlyn
5 months ago
Totally agree! A all the way, let's stick to observable inputs for fair value measurement.
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Corazon
5 months ago
Haha, yeah, A is definitely the way to go. Can't trust those unobservable inputs.
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Kiley
6 months ago
A
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Marylin
7 months ago
I agree with the others. Option A is the correct choice. Maximizing observable inputs is a must for fair quoted techniques.
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Sabrina
6 months ago
Yes, maximizing observable inputs is crucial for fair quoted techniques.
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Vesta
6 months ago
A) True
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Taryn
6 months ago
I agree, option A is the correct choice.
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Harley
6 months ago
A) True
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Helaine
7 months ago
I agree with Martin. Using observable inputs is more reliable in determining fair value.
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Tawna
7 months ago
False. Sometimes unobservable inputs are necessary for certain assets.
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Martin
7 months ago
True. It makes sense to rely more on observable inputs for accuracy.
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Jospeh
7 months ago
Absolutely! Minimizing unobservable inputs is crucial for maintaining transparency and reliability in fair value assessment.
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Octavio
7 months ago
That's a no-brainer! Of course, the true answer is A. Using observable inputs is the way to go for fair value measurement.
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Micaela
6 months ago
B) False
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Merissa
6 months ago
I agree, using observable inputs ensures transparency and reliability.
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Alecia
6 months ago
Absolutely! Observable inputs are key for accurate fair value measurement.
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Sherita
6 months ago
A) True
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