AWMA Practice Exam Questions & 100% Correct Answers
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Course
AWMA
Institution
AWMA
Baby boomers and older GenXers as compared to millennials and younger
Gen Xers-
-Are likely to be advised by a millennial adviser
-Have financial planning needs that has stayed relatively the same over
many years
-Have not experienced significant bear markets
-Are generally seeking many m...
Which of these statements accurately describe characteristics of using life
insurance for the informal funding of a nonqualified deferred compensation
plan?
It represents an asset that may be purchased to fund the employer's
unsecured promise to pay deferred amounts to the employee.
It offers the advantage of being able to fund a death benefit immediately.
It offers the advantage of various settlement options.
It offers the advantage of simplified administration since death proceeds are
paid directly to an employee's surviving spouse or other beneficiary.
-II and IV
-I and II
-I, II, and III
-I and III
✓ ~~> I, II, and III
Which statement best explains the unauthorized practice of law?
Master01 | September, 2024/2025 | Latest update
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