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Free CTFA – Certified Trust and Financial Advisor Practice Test Question

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Showing 19–20 of 20 questions

Question 19

A set of possible values that a random variable can assume and their associated probabilities of occurrence are referred to as __________.

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    Probability distribution
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    The expected return
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    The standard deviation
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    Co-efficient of variation
Question 20

The process of managing a portfolio never stops. Once the funds are initially invested according to the plan, the real work begins in:

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    Evaluating the portfolio’s performance
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    Updating the portfolio based on changes
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    Examining current and projected financial goals
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    A and B both