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Finra Series-6 Exam - Topic 4 Question 53 Discussion

Which of the following is not a cost associated with an investment in a variable annuity contract?
D) All of the above are costs associated with an investment in a variable annuity contract.
A) mortality and expense risk fee
B) investment management fee
C) state premium tax

Finra Series-6 Exam - Topic 4 Question 53 Discussion

Actual exam question for Finra's Series-6 exam
Question #: 53
Topic #: 4
[All Series-6 Questions]

Which of the following is not a cost associated with an investment in a variable annuity contract?

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Suggested Answer: D

All of the choices are costs associated with an investment in a variable annuity contract. Nor is this an exhaustive list of the costs.


by Marguerita at Dec 26, 2022, 10:58 AM

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Chanel
10 months ago
Not sure about that, I thought there were some exceptions.
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Herman
10 months ago
I agree, all of them are costs associated with variable annuities.
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Genevieve
10 months ago
Wait, are all of these really costs? Seems like a lot!
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Jolene
11 months ago
I think state premium tax is also a cost.
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Weldon
11 months ago
Mortality and expense risk fee is definitely a cost.
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Maurine
11 months ago
I’m leaning towards option C, but I could be mixing it up with other investment fees we covered.
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Mose
11 months ago
I practiced a similar question where all options were costs, but I think one of these might be an exception.
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Amber
11 months ago
I’m not entirely sure, but I feel like the state premium tax might not always apply.
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Melvin
11 months ago
I remember studying variable annuities, and I think the mortality and expense risk fee is definitely a cost.
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Darrin
11 months ago
This looks like a straightforward linear regression problem. I'm pretty confident the answer is C, Ordinary Least Squares.
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Tayna
11 months ago
The default isolation level is read committed, which is a good balance between concurrency and consistency. I'm pretty sure about that, but I'll verify it in the Oracle documentation just to be safe.
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Johnson
11 months ago
I'm a bit unsure about this one. The options seem a bit too specific for a general function of a whiteboard. I'll have to think it through carefully and make sure I don't overthink it.
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