RE5 Topic 1 Quiz 1
RE5 Topic 1 Quiz 1
Quiz Summary
0 of 5 Questions completed
Questions:
Information
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading…
You must sign in or sign up to start the quiz.
You must first complete the following:
Results
Results
0 of 5 Questions answered correctly
Your time:
Time has elapsed
You have reached 0 of 0 point(s), (0)
Earned Point(s): 0 of 0, (0)
0 Essay(s) Pending (Possible Point(s): 0)
Categories
- Not categorized 0%
- 1
- 2
- 3
- 4
- 5
- Current
- Review
- Answered
- Correct
- Incorrect
-
Question 1 of 5
1. Question
Which of the following is seen as a financial service as defined in the FAIS Act?
CorrectIncorrect -
Question 2 of 5
2. Question
What classification of financial service is the following scenario in terms of the FAIS Act? “Miriam Nkosi advises Jan De Beer that it is a requirement to take out a long-term insurance policy when taking out a mortgage bond of Bank A”
CorrectIncorrect -
Question 3 of 5
3. Question
Which of the following actions fall within the ambit of the FAIS Act?
CorrectIncorrect -
Question 4 of 5
4. Question
An FSP plant to provide discretionary services in unit trusts. In which ONE of the following categories and main categories must they be authrorised?
CorrectIncorrect -
Question 5 of 5
5. Question
Which of the following statements with regard to the function of the role players in terms of the FAIS act are correct?
i) The representative must ensure that records are kept in the correct manner.
ii) The key individual must ensure that complaints are handled in a procedural fair manner.
iii) The compliance officer must establish and maintain the compliance function.
iv) The Authority must ensure that all financial services providers comply with the FAIS Act.
CorrectIncorrect