FICEP FINAL EXAM 2024 MOST TESTED QUESTIONS COMPLETE 165 QUESTIONS WITH DETAILED VERIFIED ANSWERS GET ALL 100% CORRECT
2 views 0 purchase
Course
FICEP
Institution
FICEP
FICEP FINAL EXAM 2024 MOST TESTED QUESTIONS COMPLETE 165 QUESTIONS WITH DETAILED VERIFIED ANSWERS GET ALL 100% CORRECT-FICEP FINAL EXAM 2024 MOST TESTED QUESTIONS COMPLETE 165 QUESTIONS WITH DETAILED VERIFIED ANSWERS GET ALL 100% CORRECT
FICEP FINAL EXAM 2024 MOST TESTED QUESTIONS COMPLETE 165 QUESTIONS WITH DETAILED
VERIFIED ANSWERS GET ALL 100% CORRECT
If a debtor files a _________ on your property you will will unable to sell or
dispose of it without arrangements on the debt. - correct answerLien
Spending too much, saving too little, carrying too much debt, reliance on othersm
and caring to little about finance. - correct answerPoor financial habits
The view that money us evil or undeserved - correct answerMoney avoidance
The belief that money is synonymous with happiness and success - correct
answerMoney worship
Associates wealth with self-worth. - correct answerMoney status
Perceived need for secrecy about one's financial wellness. - correct
answerMoney Vigilance
Living paycheck to paycheck. - correct answerEarn/spend/earn
How do you combat earn/spend/earn patterns? - correct answerDividing
paycheck into specific spending categories. "Capturing" money before it can be
spent.
Confuse wants with needs. Relying on debt to establish and maintain the standard
of living they feel they deserve. - correct answerEarn/spend/borrow/spend
Savings is low priority. Rarely enough money. - correct answerEarn/spend/save
How can you combat Earn/spend/save patterns? - correct answerIdentify
reasons to save.
Pay yourself first. Saving money immediately. Budget and spend what is left. -
correct answerEarn/save/spend
Learned patterns, parents, society, creditors, lenders are examples of
______________ ________________. - correct answerbehavioral influences
Financial counselors should seek to help members ______________ their
perspective to see other possibilities that could improve their financial health. -
correct answerExpand
, FICEP FINAL EXAM 2024 MOST TESTED QUESTIONS COMPLETE 165 QUESTIONS WITH DETAILED
VERIFIED ANSWERS GET ALL 100% CORRECT
Correlates to the left hemisphere. Orderly and systematic center for processing
info provided by the senses. Directed with a focused activity. - correct
answerConscious mind
Correlates to the right hemisphere and provides autonomic processing, which
controls functions of the body that continually work in the background such as
breathing. - correct answerUnconscious mind
Correlates to the left, analytical side. Communicates in ways that are orderly,
specific, and straight-forward. Often assertive. - correct answerHard Approach
Correlates with the right, creative side. Offers possibilities and suggestions. Avoids
absolutes or directives. - correct answerSoft Approach
Term for information that is known to a counselor and member. - correct
answerOpen
Information a counselor knows and a member does not. - correct answerBlind
Information the member knows and chooses not to share. - correct
answerHidden
Type of counseling that helps members cope with debt they cannot afford or poor
management. Often required in financial emergencies. - correct answerRemedial
counseling
Type of counseling that helps members with good financial habits manage
financial challenges due to life changes. Can be used to prepare members for a
large purchase. - correct answerPreventive counseling
Type of counseling that helps members identify the best way to use their
resources to improve their financial status. Often needed when someone
suddenly acquires assets. - correct answerProductive counseling
Used to determine how funds will be allocated and makes it possible to restrain
spending so money is available to meet living expenses, repay debt, and meet
other goals. - correct answerBudget
Counselors must ask _______________ questions. These are the key to helping
members recognize attitudes and practices that undermine their financial status. -
correct answerPerceptive
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 gradebooster. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $15.69. You're not tied to anything after your purchase.
