IIA Exam IIA-CFSA Topic 8 Question 50 Discussion

Actual exam question for IIA's Certified Financial Services Auditor exam

Question #: 50
Topic #: 8

[All Certified Financial Services Auditor Questions]

There are different classes of mutual funds. Classes that typically do not have a front-end sales load. Instead they may impose a contingent deferred sales load and a 12b-1 fee (along with other annual expenses) is called:

AClass A

BClass B

CClass C

DBoth B&C

Show Suggested Answer

Suggested Answer: B

by Leota at May 03, 2024, 01:33 AM

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Valda

1 days ago

I think those are Class B and Class C funds.

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Letha

2 days ago

This question seems tricky. Classes without a front-end sales load?

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