FiCEP Exam Questions And Answers

Which cycle describes members who are just surviving and living paycheck to paycheck? - Answer- Earn/Spend/Earn/Spend Financial counselors who don't use what they know about hemispheric thinking may fall into the trap of: - Answer- Presenting information to a member in a manner that might not be the best way to communicate Using a hard approach, rather than a soft approach, with members: - Answer- Communicates in an orderly, specific, and straight-forward way The Johari Window describes four zones. When working with a member, the Hidden Zone represents: - Answer- Information that is known to the member and not the counselor Which type of counseling should a consumer use when a member is preparing for a large purchase? - Answer- Preventive What is NOT a vital counselor skill? - Answer- Asking close-ended questions An example of pacing is when a counselor: - Answer- Matches the member's energy level What is NOT a step in the change process? - Answer- Not revising the plan What decision making tool is best to use when considering all forces in favor or against a plan so decision can be made? - Answer- Force-field analysis What is the first step of the counseling process? - Answer- Collect member data It is best to divide a budget into which cycle? - Answer- Monthly What provides a credit history including debt repayment practices for an individual? - Answer- Credit report When discussing a member's budget analysis, build in assumptions and adjustments to make sure the process allows for a... - Answer- 12-month cycle What is not a step that will reduce debt? - Answer- Borrowing money from payday lenders Increasing a monthly payment beyond the minimum required by the credit issuer is