IIA IIA-CFSA Practice Exam Dumps 2025

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Question 1

____________ swaps give companies extra flexibility to exploit their comparative advantage in their respective borrowing markets.

Options:

A.

Fixed-floating swaps

B.

Currency swaps

C.

Interest rate swaps

D.

None of these

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Question 2

Universal life policies are a form of permanent life insurance that has flexible premiums, flexible face amounts, and separate pricing for the three major pricing categories. Which of the following is/are out of those categories?

Options:

A.

Mortality charges based on the insurer’s risk classification

B.

Internet rate paid on the cash value

C.

Expenses associated with administering the policy

D.

All of these

Question 3

During the posting process of ledger records on deposit account banks may reject some transactions because:

Options:

A.

They lack proper endorsements

B.

They are subject to stop payments

C.

They would create an over draft

D.

All of these

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