Exam (elaborations) 2021 FICEP Study Guide Part 1 Exam Questions with Verified Answers Exam (elaborations) CUNA Financial counseling exam questions and answers 2023 Exam (elaborations) FiCEP 23-33 Questions and Answers (Graded A ) Exam (elaborations) FiCEP 2023 Exam Questions and Answers Ex...
[Show more]
a group counselor uses techniques based on implosive therapy in her work. which theorist is responsible for implosive therapy? a. ellis b. beck c. janov d. stampfl - Answers-d. stampfl - abreactive form of therapy often used with highly phobic clients. clients are induced to read or hear about o...
Preview 2 out of 13 pages
Add to carta group counselor uses techniques based on implosive therapy in her work. which theorist is responsible for implosive therapy? a. ellis b. beck c. janov d. stampfl - Answers-d. stampfl - abreactive form of therapy often used with highly phobic clients. clients are induced to read or hear about o...
Financial Well-Being - Answers-Tied to behaviors and attitudes, influenced by environment and experiences Poor Financial Habits - Answers-Spending too much, saving too little, carrying too much debt, caring too little about financial future, reliance on others Spending Cycles - Answers-4 prima...
Preview 1 out of 2 pages
Add to cartFinancial Well-Being - Answers-Tied to behaviors and attitudes, influenced by environment and experiences Poor Financial Habits - Answers-Spending too much, saving too little, carrying too much debt, caring too little about financial future, reliance on others Spending Cycles - Answers-4 prima...
Money avoidance is the idea that money is evil or ______________ -Answers-undeserved The idea that money is the way to solve all a member's problems is money ______________ -Answers-worship Money ____________ is the member's belief that wealth is tied to self-worth. Money is seen as a member...
Preview 2 out of 13 pages
Add to cartMoney avoidance is the idea that money is evil or ______________ -Answers-undeserved The idea that money is the way to solve all a member's problems is money ______________ -Answers-worship Money ____________ is the member's belief that wealth is tied to self-worth. Money is seen as a member...
when dealing with finances - Answers--brainstorm with everyone in the household (buy-in) - do not try to control spouse's financial behavior - focus on goals progressive tax - Answers-federal and state income tax- if income increases, so does tax regressive tax - Answers-charge the same % o...
Preview 1 out of 4 pages
Add to cartwhen dealing with finances - Answers--brainstorm with everyone in the household (buy-in) - do not try to control spouse's financial behavior - focus on goals progressive tax - Answers-federal and state income tax- if income increases, so does tax regressive tax - Answers-charge the same % o...
people who have gambled in their lifetimes, in the past year - Answers-85%, 66% learning financial attitudes from parents is known as - Answers-modeling consumers who want it "now vs later" are at the greatest risk of - Answers-spending more than they can afford if a member thinks of a ne...
Preview 1 out of 4 pages
Add to cartpeople who have gambled in their lifetimes, in the past year - Answers-85%, 66% learning financial attitudes from parents is known as - Answers-modeling consumers who want it "now vs later" are at the greatest risk of - Answers-spending more than they can afford if a member thinks of a ne...
operating costs - Answers-A tax is defined as a contribution that supports the _____ of a government. progressive - Answers-A _____ tax requires a taxpayer to pay more tax as their income increases. (Federal and state income taxes are examples) regressive - Answers-A _____ tax charges the same...
Preview 3 out of 22 pages
Add to cartoperating costs - Answers-A tax is defined as a contribution that supports the _____ of a government. progressive - Answers-A _____ tax requires a taxpayer to pay more tax as their income increases. (Federal and state income taxes are examples) regressive - Answers-A _____ tax charges the same...
TRUE or FALSE: Receiving a medical bill affects your credit score - Answers-False TRUE or FALSE: Divorce has a direct impact on credit score - Answers-False Student loan refinancing makes sense when the member has: - Answers-1. High interest rates on existing loans 2. Steady income 3. Above-...
Preview 1 out of 3 pages
Add to cartTRUE or FALSE: Receiving a medical bill affects your credit score - Answers-False TRUE or FALSE: Divorce has a direct impact on credit score - Answers-False Student loan refinancing makes sense when the member has: - Answers-1. High interest rates on existing loans 2. Steady income 3. Above-...
401k - Answers-Plan A plan which allows employees to make tax-deferred contributions to retirement savings accounts. Many employers match these contributions at a specified ratio to help retirement savings build faster. Beneficiary - Answers-The person or persons who are designated to receive the...
Preview 2 out of 8 pages
Add to cart401k - Answers-Plan A plan which allows employees to make tax-deferred contributions to retirement savings accounts. Many employers match these contributions at a specified ratio to help retirement savings build faster. Beneficiary - Answers-The person or persons who are designated to receive the...
What are the housing market conditions that can indicate a real estate "bubble"? - Answers-Housing values are rising faster than consumer income What five sources influence most consumers' financial practices? - Answers-Parents, Lenders, learned patterns, creditors, society/peers What is th...
Preview 2 out of 13 pages
Add to cartWhat are the housing market conditions that can indicate a real estate "bubble"? - Answers-Housing values are rising faster than consumer income What five sources influence most consumers' financial practices? - Answers-Parents, Lenders, learned patterns, creditors, society/peers What is th...
needs - Answers-Before implementing a formal counseling program, first determine the member's ______________. true - Answers-(True or False) Knowing the formal and informal attitudes of board and management towards financial counseling must be determined before moving forward with the program. _...
Preview 1 out of 2 pages
Add to cartneeds - Answers-Before implementing a formal counseling program, first determine the member's ______________. true - Answers-(True or False) Knowing the formal and informal attitudes of board and management towards financial counseling must be determined before moving forward with the program. _...
Lien - Answers-If a debtor files a _________ on your property you will will unable to sell or dispose of it without arrangements on the debt. Poor financial habits - Answers-Spending too much, saving too little, carrying too much debt, reliance on othersm and caring to little about finance. Mo...
Preview 2 out of 12 pages
Add to cartLien - Answers-If a debtor files a _________ on your property you will will unable to sell or dispose of it without arrangements on the debt. Poor financial habits - Answers-Spending too much, saving too little, carrying too much debt, reliance on othersm and caring to little about finance. Mo...
Select the statement that correctly describes a progressive tax. - Answers-A progressive tax requires people to pay more as they earn more. Pick the statement that best describes a regressive tax. - Answers-A regressive tax charges the same tax rate regardless of the taxpayer's income. Why ar...
Preview 3 out of 17 pages
Add to cartSelect the statement that correctly describes a progressive tax. - Answers-A progressive tax requires people to pay more as they earn more. Pick the statement that best describes a regressive tax. - Answers-A regressive tax charges the same tax rate regardless of the taxpayer's income. Why ar...
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 - Answers-a. Earn / spend / earn / spend Webinar 1 Financial counselors who don't use...
Preview 3 out of 18 pages
Add to cartWhich 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 - Answers-a. Earn / spend / earn / spend Webinar 1 Financial counselors who don't use...
Which cycle describes members who are just surviving and living paycheck to paycheck? - Answers-Earn/Spend/Earn/Spend Financial counselors who don't use what they know about hemispheric thinking may fall into the trap of: - Answers-Presenting information to a member in a manner that might not be...
Preview 2 out of 6 pages
Add to cartWhich cycle describes members who are just surviving and living paycheck to paycheck? - Answers-Earn/Spend/Earn/Spend Financial counselors who don't use what they know about hemispheric thinking may fall into the trap of: - Answers-Presenting information to a member in a manner that might not be...
Select the statement that correctly describes a progressive tax. - Answers-A progressive tax requires people to pay more as they earn more. What is the name of the organization that offers free tax assistance to taxpayers age 60 or older, those with disabilities or special needs, or who qualify f...
Preview 1 out of 4 pages
Add to cartSelect the statement that correctly describes a progressive tax. - Answers-A progressive tax requires people to pay more as they earn more. What is the name of the organization that offers free tax assistance to taxpayers age 60 or older, those with disabilities or special needs, or who qualify f...
deliquent - Answers-debt or other financial obligation on which payment is overdue foreclosure - Answers-the seizure of property from borrowers who are unable to repay their loans money avoidance - Answers-believe that money is bad and they do not deserve it; may ignore their finances and avoi...
Preview 1 out of 2 pages
Add to cartdeliquent - Answers-debt or other financial obligation on which payment is overdue foreclosure - Answers-the seizure of property from borrowers who are unable to repay their loans money avoidance - Answers-believe that money is bad and they do not deserve it; may ignore their finances and avoi...
Options for increasing _________________ include working overtime, getting a second job, selling something and setting long term goals. - Answers-Income Accelerating debt repayment can be done by paying more on principal, rolling up payments of the same amount monthly or paying off __________ ___...
Preview 1 out of 2 pages
Add to cartOptions for increasing _________________ include working overtime, getting a second job, selling something and setting long term goals. - Answers-Income Accelerating debt repayment can be done by paying more on principal, rolling up payments of the same amount monthly or paying off __________ ___...
Undeserved - Answers-Money avoidance is the idea that money is evil or _____. Worship - Answers-The idea that money is the way to solve all a member's problems is money _____. Status - Answers-Money _____ is the member's belief that wealth is tied to self-worth. Money is seen as a member's ...
Preview 2 out of 6 pages
Add to cartUndeserved - Answers-Money avoidance is the idea that money is evil or _____. Worship - Answers-The idea that money is the way to solve all a member's problems is money _____. Status - Answers-Money _____ is the member's belief that wealth is tied to self-worth. Money is seen as a member's ...
Lists to create before passing away - Answers-1. Personal Inventory 2. Financial Inventory 3. Debts 4. Memberships Power of Attorney - Answers-Designation for an individual to act as an agent and manage affairs if one is no longer able to do so. There are 4 types General POA - Answers...
Preview 2 out of 6 pages
Add to cartLists to create before passing away - Answers-1. Personal Inventory 2. Financial Inventory 3. Debts 4. Memberships Power of Attorney - Answers-Designation for an individual to act as an agent and manage affairs if one is no longer able to do so. There are 4 types General POA - Answers...
Cycle 1 - Answers-Earn/Spend/Earn/Spend Cycle 2 - Answers-Earn/Spend/Borrow/Spend Cycle 3 - Answers-Earn/Spend/Save Cycle 4 - Answers-Earn/Save/Spend Why is it important for counselors to have an understanding of Hemispheric thinking - Answers-So that they are aware that everyone learns ...
Preview 1 out of 2 pages
Add to cartCycle 1 - Answers-Earn/Spend/Earn/Spend Cycle 2 - Answers-Earn/Spend/Borrow/Spend Cycle 3 - Answers-Earn/Spend/Save Cycle 4 - Answers-Earn/Save/Spend Why is it important for counselors to have an understanding of Hemispheric thinking - Answers-So that they are aware that everyone learns ...
Which spending cycle is the preferred one to be in? - Answers-Earn/Save/Spend concious mind - Answers-left hemisphere, center for processing sensory info unconscious mind - Answers-Right hemisphere, autonomic processing Hard approach - Answers-left/analytic side, assertive/orderly/straightf...
Preview 1 out of 2 pages
Add to cartWhich spending cycle is the preferred one to be in? - Answers-Earn/Save/Spend concious mind - Answers-left hemisphere, center for processing sensory info unconscious mind - Answers-Right hemisphere, autonomic processing Hard approach - Answers-left/analytic side, assertive/orderly/straightf...
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
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!
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
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.
Stuvia is a marketplace, so you are not buying this document from us, but from seller lectknancy. Stuvia facilitates payment to the seller.
No, you only buy these notes for $30.49. You're not tied to anything after your purchase.
4.6 stars on Google & Trustpilot (+1000 reviews)
82191 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now