BUSI 352 - Test 6 Questions And Answers Verified Solutions Distinction Guaranteed.
4 views 0 purchase
Course
BUSI 352
Institution
BUSI 352
CFP Board - correct answer Certified Financial Planner Board of Standards, Inc. - a non-profit organization whose mission is to benefit the public by granting the CFP certification and upholding it as the recognized standard of excellence for competent and ethic...
CFP Board - correct answer Certified Financial Planner Board of Standards, Inc. - a
non-profit organization whose mission is to benefit the public by granting the CFP certification and
upholding it as the recognized standard of excellence for competent and ethical personal financial
planning.
Standards of Professional Conduct - correct answer Enforced through the
procedures outlined in the Disciplinary Rules and Standards. Includes three main categories: Code of
Ethics and Standards of Conduct, Procedural Rules, and Candidate Fitness Standards.
Practice Standards for the Financial Planning Process - correct answer 1)
Understanding the Client's Personal and Financial Circumstances 2) Identifying and Selecting Goals 3)
Analyzing the Client's Current Course of Action and Potential Alterative Course(s) of Action 4)
Developing the Financial Planning Recommendation(s) 5) Presenting the Financial Planning
Recommendation(s) 6) Implementing the Financial Planning Recommendation(s) 7) Monitoring and
Updating Responsibilities
Code of Ethics - correct answer 1) Integrity 2) Competence 3) Diligence 4) Due Care
5) Professionalism 6) Confidentiality
Procedural Rules - correct answer These provide detailed procedures followed by
the CFP Board in enforcing the Code of Ethics and Standards of Conduct. The CFP Board may learn about
matters that may reveal misconduct via: Investigation, Requests for Documents and Information, and
the Hearing Process (occurs when a formal complaint is filed).
Disciplinary and Ethic Commission (DEC) - correct answer Responsible for reviewing
and taking appropriate action with respect to alleged violation of the Code of Ethics and Standards of
Conduct.
Categories of Sanction - correct answer 1) Private Censure 2) Public Censure 3)
Suspension 4) Revocation 5) Interim Suspension
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller RealGrades. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.99. You're not tied to anything after your purchase.
