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FiCEP Exam Questions and Answers | verified answers graded A+|| latest 2024/2025
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FiCEP Exam Questions and Answers | verified answers graded A+|| latest 2024/2025
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FiCEP Exam Questions and Answers | verified answersgraded A+|| latest 2024/2025
Which cycle describes members who are just surviving and living
paycheck to paycheck?
a. Earn/spend/earn/spend
b. earn/spend/borrow/spend
c. earn/spend/save
d. earn/borrow/spend/save - CORRECT ANSWER : Earn/Spend/earn/spend
Financial counselors who don't use what they know about hemispheric
thinking may fall into the trap of:
a. Assuming the member will succeed if they work with the counsellor
b. Asking too many questions
c. Telling the member what they should do
d. Presenting information to a member in a manner that might not be the
best way to communicate - CORRECT 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:
a. Reminds members they are in control
,b. Communicates in an orderly, specific and straight-forward way
c. Correlates with the right side of the brain
d. Offers possibilities and suggestions - CORRECT 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:
a. Information that is known to the counselor and the member
b. Information that is known to the counselor and not the member
c. Information that is known to the member and not the counselor
d. Information that is not known to either the member or the counselor -
CORRECT ANSWER : Information that is known to the member and not the
counselor
Which type of counseling should a counselor use when a member is
preparing for a large purchase?
a. Preventive
b. Procedural
c. Productive
d. Remedial - CORRECT ANSWER : Preventive
Which of the following is NOT a counseling element
a. Budget
b. Credit.
c. Debt
,d. Savings - CORRECT ANSWER : Savings
Which of the following is a closed-ended question?
a. Tell me more about that?
b. Do you plan to move forward?
c. What was your deciding factor?
d. What is causing the hesitation? - CORRECT ANSWER : Do you plan to
move forward?
An example of pacing is when a counselor:
a. wears the same type of clothing as the member.
b. matches the member's tone.
c. matches the member's energy level.
d. agrees with everything the member says. - CORRECT ANSWER :
Matches the member's energy level
How many steps are in the change process?
a. 3
b. 4
c. 5
d. 6 - CORRECT ANSWER : 4
, Which of the following decision-making tools is the best to use when
considering all forces in favor of or against a plan so a decision can be
made?
a. Essential obligations
b. Cost-benefit analysis
c. Reframing
d. Force-field analysis - CORRECT ANSWER : Force-filed analysis
Which of the following is the first step of the counseling process?
a. Analyze data
b. Develop a spending plan
c. Collect member data
d. Establish goals and objectives - CORRECT ANSWER : collect member
data
It is best to divide a budget into which cycle?
a. Daily
b. Monthly
c. Quarterly
d. Annually - CORRECT ANSWER : monthly
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