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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:

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Suggested Answer: D

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

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Gerri
2 months 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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Carey
9 days ago
Yeah, I agree. The other options are more common methods for purchasing annuities.
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Sharee
19 days ago
I think you're right, A) Single payment deferred seems like the odd one out here.
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German
2 months 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
2 months 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
2 months 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
2 months ago
I agree with Bonita, because annuities are not purchased through single payment accrued method.
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Joana
2 months 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
2 months ago
Hmm, I think the answer is D. Single payment accrued doesn't sound like a real annuity payment method.
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Jutta
24 days ago
Definitely, D doesn't fit with the other annuity payment methods.
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Emily
25 days ago
Yeah, I think D is the odd one out here.
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Bernadine
29 days ago
I agree, D doesn't seem like a valid option.
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Iola
1 months ago
D) Single payment accrued
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Susana
1 months ago
C) Immediate payment
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Nancey
1 months ago
B) Periodic payment deferred
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Hannah
2 months ago
A) Single payment deferred
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Bonita
2 months ago
I think the answer is D) Single payment accrued.
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