IIA Exam IIA-CFSA Topic 6 Question 73 Discussion

Actual exam question for IIA's IIA-CFSA exam

Question #: 73
Topic #: 6

[All IIA-CFSA Questions]

Annuities can be purchased through the following methods EXCEPT:

ASingle payment deferred

BPeriodic payment deferred

CImmediate payment

DSingle payment accrued

Show Suggested Answer

Suggested Answer: D

by Paris at Mar 23, 2025, 09:54 AM

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Gerri

5 hours ago

This is a tough one, but I'm gonna go with A. Single payment deferred. That's the only option that actually makes sense for an annuity. The others are just weird.

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German

2 days ago

I'm going with B. Periodic payment deferred. That's the classic annuity, right? Who even considers single payment these days?

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Chanel

4 days ago

I'm not sure about this one, but I think C) Immediate payment could also be a possible answer.

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Silva

5 days ago

D. Single payment accrued, definitely. I mean, what even is that? Sounds like something my grandpa would try to sell me.

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Princess

13 days ago

I agree with Bonita, because annuities are not purchased through single payment accrued method.

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Joana

13 days ago

Easy peasy, it's C. Immediate payment. Who would buy an annuity with immediate payment? That's just a lump sum.

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Dong

15 days ago

Hmm, I think the answer is D. Single payment accrued doesn't sound like a real annuity payment method.

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Hannah

8 days ago

A) Single payment deferred

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Bonita

26 days ago

I think the answer is D) Single payment accrued.

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