Exam (elaborations)
CEPA CE Questions With Complete Answers, Solved To Score A+
- Course
- Institution
CEPA CE Questions With Complete Answers, Solved To Score A+
[Show more]
Content preview
Name: Score:176 Multiple choice questions
Term 1 of 176
CEPA Module 3 Question 7: Which of the following is an example of a question that financial
planning can answer for a business owner?
How much money do I need to sell my business for?
What rate of return do I need on my investments?
What is the current volatility of the stock market?
80%
What is the strength of your intangible capital?
What is your biggest pain point and biggest desire?
What deal structure are you looking for when selling?
Discover
Term 2 of 176
CEPA Module 13 Question 5: Comprehensive company analysis and due diligence is completed in
which stage of the M&A process?
Research and analysis
Policy formation
Top-down budgeting
Negotiation and due diligence
,Term 3 of 176
CEPA Module 10 Question 6: What is the best definition of relentless execution?
A framework for enhancing customer service.
A specific set of behaviors and techniques that companies need to master in order to have
a competitive advantage.
A general guideline for improving employee morale.
A strategy for reducing operational costs.
Definition 4 of 176
Clarity
Liquidity
Legacy
Cepa module 6 question 6: which standard of value can lead to unrealistic seller
expectations?
CEPA Module 7 Question 6: Value Acceleration must deliver two out of three
Cepa module 2 question 1: which of the following statements is false?
Cepa module 6 question 3: which of the following is not one of the three broad approaches
to determining value?
Term 5 of 176
CEPA Module 3 Question 4: Which of the following best describes the components of integrated
wealth management for individuals?
Tax evasion, asset liquidation, debt accumulation, cash flow management
Market speculation, short-term trading, high-risk investments, gambling
Retirement planning, risk management, estate planning, portfolio management
Personal spending, luxury purchases, lifestyle inflation, consumer debt
,Term 6 of 176
CEPA Module 14 Question 1: Family businesses face many challenges. The most important
challenges which are not being addressed include which of the following?
Plan
Prepare
Discover
Decide
Spending needs vs. wants
Conduct a Triggering Event
Increase earnings
Reduce risk
Position yourself as best-in-class
Breakdown of communication and trust within the family
Heirs unprepared for required roles and accountability
Non-technical people-based issues
Term 7 of 176
CEPA Module 16 Question 9: To gain the commitment of the members of your team, you need:
A clear organizing principle
The three legs of the stool
A master plan
Value acceleration
, Term 8 of 176
CEPA Module 8 Question 9: Complete the following quote: "____ is the great unaddressed issue in
the business world today. Its absence is the single biggest obstacle to success."
Execution
Innovation
Funding
Marketing
Definition 9 of 176
The Baby Boomer generation doesn't need to be thinking about exit planning yet
Business is personal for most owners
Exit planning is a strategic business tool used to focus the company on maximizing business value
The Value Acceleration Methodology provides a structure to the exit planning process
Cepa module 11 question 7: which of the following would be considered a con of selling to a
financial third party?
Cepa module 13 question 8: which of the following would be considered a disadvantage of
selling to a strategic buyer instead of a financial buyer?
CEPA Module 2 Question 1: Which of the following statements is false?
Cepa module 11 question 1: which of the following would be considered a con of the
intergenerational transfer exit option?
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 Aplusplus. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $7.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
81298 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now