CPFA Exam Latest Updated Graded A+ CPFA License Exam Graded A+ - (Certified Plan Fiduciary Advisor) (Practice Questions) CPFA (Actual) Exam 2022/2023 Solved 100% Correct (Set of 162 questions) CPFA 1 2022/2023 questions and answers 100% Correct CPFA Exam Prep with 100% Complete Answers 2023
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A) A TPA performs annual compliance testing. - ANSWER-Which statement regarding service providers is TRUE? A) A TPA performs annual compliance testing. B) A recordkeeper has the legal obligation to provide an interpretation of a plan provision. C) An accountant processes the "money out" for a...
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Add to cartA) A TPA performs annual compliance testing. - ANSWER-Which statement regarding service providers is TRUE? A) A TPA performs annual compliance testing. B) A recordkeeper has the legal obligation to provide an interpretation of a plan provision. C) An accountant processes the "money out" for a...
What are the 4 basic fiduciary standards under the Fiduciary Standard of Care? (Section 404) - ANSWER-1.) Loyalty - (Exclusive purpose rule - Providing benefits to participants and their beneficiaries; and defraying reasonable expenses of administering the plan) 2.) Prudence - (Act with prudence by...
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Add to cartWhat are the 4 basic fiduciary standards under the Fiduciary Standard of Care? (Section 404) - ANSWER-1.) Loyalty - (Exclusive purpose rule - Providing benefits to participants and their beneficiaries; and defraying reasonable expenses of administering the plan) 2.) Prudence - (Act with prudence by...
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Under the DOL regulation, many advisors to retirement plans and their participants will be - ANSWER-3(21) fiduciaries. They will act alongside other fiduciary service providers who are also not necessarily named in the plan document but who exercise discretionary control over plan provisions or plan...
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Add to cartUnder the DOL regulation, many advisors to retirement plans and their participants will be - ANSWER-3(21) fiduciaries. They will act alongside other fiduciary service providers who are also not necessarily named in the plan document but who exercise discretionary control over plan provisions or plan...
Employee Retirement Income Security Act (ERISA) - ANSWER-Established 1974 ERISA was passed to establish - ANSWER-A set of federally-regulated provisions with the primary purpose of protecting participants and beneficiaries ERISA had the important function of - ANSWER-Pre-empting the patchwork ...
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Add to cartEmployee Retirement Income Security Act (ERISA) - ANSWER-Established 1974 ERISA was passed to establish - ANSWER-A set of federally-regulated provisions with the primary purpose of protecting participants and beneficiaries ERISA had the important function of - ANSWER-Pre-empting the patchwork ...
Levels of atmosphere (Bottom to top) - ANSWER-Troposphere, Tropopause, Stratosphere Troposphere altitudes - ANSWER-Surface to 30,000ft Tropopause altitudes - ANSWER-30,000-60,000ft Stratopause altitudes - ANSWER->50km Troposphere Environmental temp lapse rate - ANSWER-2*C(1.98*C)/1000...
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Add to cartLevels of atmosphere (Bottom to top) - ANSWER-Troposphere, Tropopause, Stratosphere Troposphere altitudes - ANSWER-Surface to 30,000ft Tropopause altitudes - ANSWER-30,000-60,000ft Stratopause altitudes - ANSWER->50km Troposphere Environmental temp lapse rate - ANSWER-2*C(1.98*C)/1000...
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