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FICEP FINAL EXAM 2024 MOST TESTED QUESTIONS COMPLETE 400 QUESTIONS WITH DETAILED VERIFIED ANSWERS GET ALL 100% CORRECT $12.49   Add to cart

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FICEP FINAL EXAM 2024 MOST TESTED QUESTIONS COMPLETE 400 QUESTIONS WITH DETAILED VERIFIED ANSWERS GET ALL 100% CORRECT

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FICEP FINAL EXAM 2024 MOST TESTED QUESTIONS COMPLETE 400 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. - Answer-Lien Spending too much, saving too li...

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  • October 15, 2024
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  • 2024/2025
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Emillect
EMILLECT 2024/2025 ACADEMIC YEAR ©2024 EMILLECT. ALL RIGHTS RESERVED. FIRST PUBLISH OCTOBER 2024.




FICEP FINAL EXAM 2024 MOST
TESTED QUESTIONS COMPLETE 400
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. - Answer✔✔-Lien


Spending too much, saving too little, carrying too much debt, reliance on othersm and caring to

little about finance. - Answer✔✔-Poor financial habits


The view that money us evil or undeserved - Answer✔✔-Money avoidance


The belief that money is synonymous with happiness and success - Answer✔✔-Money worship


Associates wealth with self-worth. - Answer✔✔-Money status


Perceived need for secrecy about one's financial wellness. - Answer✔✔-Money Vigilance


Living paycheck to paycheck. - Answer✔✔-Earn/spend/earn


How do you combat earn/spend/earn patterns? - Answer✔✔-Dividing paycheck into specific

spending categories. "Capturing" money before it can be spent.




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,EMILLECT 2024/2025 ACADEMIC YEAR ©2024 EMILLECT. ALL RIGHTS RESERVED. FIRST PUBLISH OCTOBER 2024.



Confuse wants with needs. Relying on debt to establish and maintain the standard of living they

feel they deserve. - Answer✔✔-Earn/spend/borrow/spend


Savings is low priority. Rarely enough money. - Answer✔✔-Earn/spend/save


How can you combat Earn/spend/save patterns? - Answer✔✔-Identify reasons to save.


Pay yourself first. Saving money immediately. Budget and spend what is left. - Answer✔✔-

Earn/save/spend


Learned patterns, parents, society, creditors, lenders are examples of ______________

________________. - Answer✔✔-behavioral influences


Financial counselors should seek to help members ______________ their perspective to see

other possibilities that could improve their financial health. - Answer✔✔-Expand


Correlates to the left hemisphere. Orderly and systematic center for processing info provided by

the senses. Directed with a focused activity. - Answer✔✔-Conscious 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. - Answer✔✔-

Unconscious mind


Correlates to the left, analytical side. Communicates in ways that are orderly, specific, and

straight-forward. Often assertive. - Answer✔✔-Hard Approach


Correlates with the right, creative side. Offers possibilities and suggestions. Avoids absolutes or

directives. - Answer✔✔-Soft Approach

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, EMILLECT 2024/2025 ACADEMIC YEAR ©2024 EMILLECT. ALL RIGHTS RESERVED. FIRST PUBLISH OCTOBER 2024.



Term for information that is known to a counselor and member. - Answer✔✔-Open


Information a counselor knows and a member does not. - Answer✔✔-Blind


Information the member knows and chooses not to share. - Answer✔✔-Hidden


Type of counseling that helps members cope with debt they cannot afford or poor

management. Often required in financial emergencies. - Answer✔✔-Remedial 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. - Answer✔✔-

Preventive 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. - Answer✔✔-

Productive 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. - Answer✔✔-

Budget


Counselors must ask _______________ questions. These are the key to helping members

recognize attitudes and practices that undermine their financial status. - Answer✔✔-Perceptive


Counselors need to observe __________________ cues. - Answer✔✔-Nonverbal


Counselors use _____________ to create a feeling of connection with a member by matching

physical characteristics and unconscious movements. - Answer✔✔-Pacing

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