BUNDLE - CFP EXAMS

CFP Mock Exam Questions & Answers 2024/2025 Which of the following is correct regarding certificates of deposit (CDs)? A. CD's are short-term securities that may be bought or sold in the open market at a market-determined price. B. CD's typically invest in high-quality, short-term investm...

CFP General Financial Exam Questions & Answers 2024/2025 Financial Planning - ANSWERSThe integrated, coordinated management of an individuals financial situation. Code of Ethics and Standards of Conduct (Code and Standards) are intended to - ANSWERSBenefit and protect the public, provide sta...

CFP Exam Unit 1 - July 2021 Questions & Answers Steps to Financial Planning - EGADCIM - ANSWERS1. Establishing and defining the client planner relationship 2. Gathering information necessary to fulfill the engagement 3. Analyzing and evaluating the client's current financial status 4. Devel...

CFP Exam Questions & Answers 2024/2025 Annuity due - ANSWERSuse BEGIN mode on calculator Ordinary Annuity - ANSWERSuse END mode on calculator Fiduciary duty (ddf) - ANSWERS-duty of loyalty -duty of care -follow instructions Integrity (huc) - ANSWERS-honesty -upstanding -candor C...

CFP Fundamentals Exam Questions & Answers 2024/2025 Code of Ethics: CFP Professional Must (6) - ANSWERS1. Act with honesty, integrity, competence, and diligence 2. Act in client's best interest 3. Exercise due care 4. Avoid/Disclose conflicts of interest 5. Maintain confidentiality 6. Act...

CFP Prep Exam Questions & Answers 2024/2025 What are the four key principles of motivational interviewing? - ANSWERS1. Partnership 2. Evocation 3. Acceptance 4. Compassion What items will "Always Bar" from CFP Certification? - ANSWERS1. Felony Conviction for Theft, Embezzlement, or othe...

CFP Review Exam Questions & Answers 2024/2025 Peril Hazard (Three Types) Loss - ANSWERSCause of Financial Loss Condition that increases the probability that a loss will occur a) Physical Hazard - Physical Characteristics that increase the chance of loss b) Moral Hazard - Chance of l...

CFP Exam Review Questions & Answers 2024/2025 Current ratio - ANSWERSCurrent assets/current liabilities Target: 1.0-2.0 Housing payment ratio - ANSWERSAll monthly nondoscretionary housing costs (PITI) / monthly gross income Target: <= 28% Debt-to-income ratio - ANSWERSAll monthly deb...

CFP Test Review Questions & Answers 2024/2025

CFP Exam - November 2023 Questions & Answers What are the Laws of Agency (insurance)? - ANSWERSExpress authority, Implied Authority, Apparent authority What are the Exemptions to Filing as an Investment Adviser? - ANSWERS- Advisor whose only clients are insurance companies - Family office ...

CFP Exam Questions & Answers 2024/2025 Savings Strategy: How much of your gross income should you save? - ANSWERS5-8% Securities Act of 1933 - ANSWERSPurchasers of new issues must be provided with a detailed prospectus before transaction. Securities Act of 1934 - ANSWERSRegulates the seco...

Dalton CFP Review Exam Questions & Answers 2024/2025 Peril - ANSWERSProximate cause of a loss Hazard - ANSWERSCondition that creates or increases the likelihood of a loss Superannuation - ANSWERSRisk of outliving retirement funds Legal elements of a contract - ANSWERSCOALL Competent pa...

CFP Practice Exam Questions & Answers 2024/2025 Stafford Loans are administered by: A) Private Loan Administration B) Federal Family Education Loan Program C) Parent loans to undergraduate students D) Federal assistance loan program - ANSWERSB Perkins loans - ANSWERSLow-interest federal ...

CFP Exam 2020 Questions & Answers CFP Standards of Conduct Sections (6) - ANSWERSA. Duties owed to clients. B. Fin. Planning and Application of Practice Standards C. Practice Standards for Fin. Planning Process D. Duties owed to firms/subordinates E. Duties owed to CFP Board F. Prohibitio...