1.
Which of the following bonds are high yield bonds issued by companies that are considered highly speculative because of risk of default?
2.
Which of the following is the right to sell?
3.
Individuals can invest in REITs:
4.
Securities products include:
1. Trusts
2. Annuities
3. Derivatives
4. Stocks
5. Bonds
6. Commodities
7. Mutual Funds
8. Pension Funds
9. Term Loans
10. Asset Management
11. Money Market Products
5.
The objective/s of a trust department audit is/ are to:
6.
The objective/s of trust department's administration of corporate trust accounts include:
I. Policies and producers ensure compliance with governing instruments, applicable law and accepted fiduciary principles
II. Deficiencies are identified and corrective action is promptly initiated
III. There is sufficient management and staff expertise to administer these accounts
IV. Effective policies, procedures and internal controls have been established
V. The legitimate needs of security holders and other interested parties are met in a professional and timely manner
7.
Personal trust accounts may be:
8.
Trust under will is a term referred to:
9.
The administration of personal trust accounts is primarily controlled by all of the following EXCEPT:
10.
Which one of the following is not commonly granted trustee's powers?