CUNA FiCEP Exam Practice Questions
and Answers
Financial Counseling is never? - Answer️️ -An answer to every problem.
Providing financial education can have which of the following employee benefits? -
Answer️️ -Reduce Absenteeism.
Which is an essential Counselor Quality? - Answer️️...
Which communication skill do counselors use to create a feeling of connection with a
member by matching physical characteristics? - Answer✔️✔️-Pacing.
Which communication approach represents a tactic used to show confirmation of
information? - Answer✔️✔️-Restating or Paraphrasing.
Which one of these is not a successful money management trait? - Answer✔️✔️-Give.
Which type of financial counseling includes helping members with good financial habits
manage financial challenges due to life changes? - Answer✔️✔️-Preventive.
During the financial counseling process, which task is included in the development of a
spending plan? - Answer✔️✔️-Helping the member break the budget into components
that reflect the spending cycle.
What is an item that members do not need to bring to the initial meeting? - Answer✔️✔️-
Passport.
Which expenditure represents a form of secured debt? - Answer✔️✔️-Car loan.
What are the five C's of credit? - Answer✔️✔️-Capacity, character, collateral, capital, and
conditions.
Which financial literacy topic is appropriate to learn at a preschool age? - Answer✔️✔️-
Wants vs. Needs.
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 EmillyCharlotte. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.99. You're not tied to anything after your purchase.
