IIA-Certified Financial Services Auditor Set 4

Banks provide the following personal trust service/services for the individuals:

Some wills specify that more than one responsible party share the trustee's responsibilities of an estate .The condition depicts relation with which one of the following trust services:

Corporations, government entities and other organizations use banks as trustee to handle the ______________function associated with a stock or bond issue.

A trust agreement is called:

Stock transfer agent, Bond registrar, stock registrar and dividend reinvestments agent are the additional duties of:

A bank may serve as ___________ for a company's employee benefit and retirement plans.

Which one of the following is/are NOT the type of retirement plans that banks may administer?

Bank may serve as trustee or custodian for pension and profit sharing plans that self- employed individuals establish for them selves and their employees. These types of trust are referred to as:

Which one of the following activities is not related to the trust committee activities that should be reviewed?

When the maturity date of the annuity arrives, the insurer begins making a series of payment to the annuitant over a stated period (Known as__________).