Crpc test Study guides, Class notes & Summaries

CRPC Damage Control_ Test 1 & 2 (1)

CRPC Damage Control_ Test 1 & 2

CRPC TEST EXAM QUESTIONS WITH CORRECT DETAILRED ANSWERS .

CRPC Full Vocabulary Test with A Graded Solutions Efficient market hypothesis - Answer-States that, at least for US equities markets, bargains cannot be found on any consistent basis. Rather, all important information about a company's performance and prospects is already reflected in the market prices of its shares. Elective contribution - Answer-A contribution made to a 401k plan by an employer on an employee's behalf pursuant to agreement for salary deferral. Elective deferral - Answ...

CRPC Chapter 9 Test Questions with Correct Answers Prudent Investor Rule - Answer-Updated in the Uniform Prudent Investor Act of 1994 Any investment as part of total portfolio Risk vs return No categorical restrictions on types of investments Diversify investments Delegation of trust Inv and management functions Detailed records - Answer-Recommendation and decision All data from client- need to have to make sure looking out for best interest of client Fiduciary as defined b...

CRPC Test With Complete Solutions

CRPC Fall 2023 Test 3 Questions and Answers Although political events have effects on investment returns and inflation, it is nearly impossible to consistently predict events of such a random nature. Investment returns, inflation rate and tax rates must be assumed when projecting retirement income needs. During retirement, John wants to receive $50,000 at the end of each year for the rest of his life. To calculate the amount that he will need to save, you need to solve for: a. annuity du...

No other qualified plan or 403(b) - correct answer Simple IRA or Simple 401(k) Younger employees benefit from years of contributions and compounding - correct answer Profit sharing, SEP, or Tandem Plan Business has stable cash flow and owner willing to make annual financial commitment, but either unwilling or unable to commit more than 25% compensation - correct answer Money Purchase or Target Benefit Plan to provid age-weighted plan Means to allow owner to meet his/her retirement...

Test Questions CRPC Module 8