Ficep certification exam Study guides, Class notes & Summaries
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FICEP F1900 FINANCIAL COUNSELING CERTIFICATION PROGRAM EXAM QUESTIONS WITH CORRECT ANSWERS 100% 2024
- Exam (elaborations) • 19 pages • 2024
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FICEP F1900 FINANCIAL COUNSELING CERTIFICATION PROGRAM EXAM QUESTIONS WITH CORRECT ANSWERS 100% 2024
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FiCEP- F1900 Financial Counseling Certification Program Exam Questions and Answers 2024.
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FiCEP- F1900 Financial Counseling Certification Program Exam Questions and Answers 2024.
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FiCEP- F1900 Financial Counseling Certification Program Exam Latest Update with Correct Solutions
- Exam (elaborations) • 24 pages • 2024
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FiCEP- F1900 Financial Counseling 
Certification Program Exam Latest Update 
with Correct Solutions 
Spending Cycle- 1 - Answer -Earn/Spend/Earn 
paycheck to paycheck 
SOLUTION: Must deal with habits 
Divide paycheck into SPECIFIC spending categories 
Capture $$$ for savings 
Pay down debt 
Spending Cycle - 2 - Answer -Earn/Spend/Borrow/Spend 
Rely on debt to establish and maintain lifestyle 
Have difficulty denying self 
Confuse wants with needs 
They believe they deserve it now 
Spending Cycle...
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FiCEP- F1900 Financial Counseling Certification Program Exam 100% Solved AND VERIFIED
- Exam (elaborations) • 18 pages • 2024
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FiCEP- F1900 Financial Counseling 
Certification Program Exam 100% Solved AND VERIFIED
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FiCEP- F1900 Financial Counseling Certification Program Exam 100% Solved AND VERIFIED
- Exam (elaborations) • 18 pages • 2024
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FiCEP- F1900 Financial Counseling 
Certification Program Exam 100% Solved
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FICEP Financial Counseling Certification Program MODULE 3 EXAM QUESTIONS AND ANSWERS
- Exam (elaborations) • 4 pages • 2024
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FICEP MODULE 3 EXAM QUESTIONS AND ANSWERS 
 
What does accounts receivable mean? - answer Money that is owed to a business 
 
What does accounts payable mean? - answer Money that a business owes to others 
 
What are considerations for cash flow when running a business? 
(7) - answer (1) Accounts receivable 
(2) Accounts payable 
(3) Cyclical or seasonal income 
(4) Inventory management 
(5) Taxes 
(6) Insurance 
(7) Retirement benefits
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