Cfp 4 - Study guides, Class notes & Summaries

CFP Exam Questions and Answers 100% Solved CFP Standards of Conduct Sections (6) - A. Duties owed to clients. B. Fin. Planning and Application of Practice Standards C. Practice Standards for Fin. Planning Process D. Duties owed to firms/subordinates E. Duties owed to CFP Board F. Prohibition on Circumvention Section A of CFP Standards of Conduct - Duties owed to Client: 1. Fiduciary Duty 2. Integrity 3. Competence 4. Diligence 5. Disclose and Manage Conflicts of Interest 6. Sound a...

CFP Review Exam Questions & Answers 2024/2025 Peril Hazard (Three Types) Loss - ANSWERSCause of Financial Loss Condition that increases the probability that a loss will occur a) Physical Hazard - Physical Characteristics that increase the chance of loss b) Moral Hazard - Chance of loss from dishonesty c) Morale Hazard - Indifference to loss/carelessness leads to loss Loss is a disappearance or reduction in value Exclusions - ANSWERSOutline the perils that are not covered...

CFP examTopic 1: Financial Planning Process - correct answer ... 6 step process: EGADIM - correct answer 1. Establish Relationship 2. Gather Information 3. Analyze data 4. Develop plan 5. Implement 6. Monitor Step 1: Establish Relationship - correct answer • Services that will be provided • compensation/billing • Responsibilities of both client/planner • Time frame of relationship Step 2: Gather quantitative and qualitative data - correct answer • It is important that ...

Test Bank & Solution manual for Personal Finance, Fourth Canadian Edition (4th Edition) by Jeff Mad 2 © 2019 Pearson Canada Inc. Personal Finance, Canadian Ed., 4e (Madura) Overview of a Financial Plan True/False 1) Many people who believe they have strong personal finance skills do not really understand some basic personal finance concepts. Answer: TRUE Diff: 1 Type: TF Categories: Benefit From Understanding Personal Finance Financial Type: Qualitative Skill Type: Recall 2) The per capita debt...

CFP FINANCIAL PLANNING EXAM QUESTIONS & ANSWERS (Latest Update 2024) Certified 100% Sample Question & Answer: 7 Principles of the Code of Ethics and Professional Responsibility - Answer - 1. Integrity 2. Objectivity 3. Competence 4. Fairness 5. Confidentiality 6. Professionalism 7. Diligence

CFP exam Topic 1: Financial Planning Process - correct answer ... 6 step process: EGADIM - correct answer 1. Establish Relationship 2. Gather Information 3. Analyze data 4. Develop plan 5. Implement 6. Monitor Step 1: Establish Relationship - correct answer • Services that will be provided • compensation/billing • Responsibilities of both client/planner • Time frame of relationship Step 2: Gather quantitative and qualitative data - correct answer • It is important tha...

TCFP 4 Review Exam Questions 2024. jib - CORRECT ANSWER Crane that holds up the camera dolly - CORRECT ANSWER A cart the camera can ride, usually on tracks, to capture moving shots smoothly shot - CORRECT ANSWER An image on the screen, which can be moving or still, and which is uninterrupted Lenses - CORRECT ANSWER Removable optical devices that can be attached to a camera telephoto lens - CORRECT ANSWER Also called a "long lens" wide-angle lens - CORRECT ANSWER 30mm or les...

CFP examTopic 1: Financial Planning Process - correct answer ... 6 step process: EGADIM - correct answer 1. Establish Relationship 2. Gather Information 3. Analyze data 4. Develop plan 5. Implement 6. Monitor Step 1: Establish Relationship - correct answer • Services that will be provided • compensation/billing • Responsibilities of both client/planner • Time frame of relationship Step 2: Gather quantitative and qualitative data - correct answer • It is important that ...

7 Steps of the Financial Planning Process - ANSWER-1. Understanding the client's personal and financial circumstances (qualitative/quantitative information) 2. Identifying and selecting goals 3. Analyzing the client's current course of action and potential alternative courses of action 4. Developing the financial planning recommendations 5. Presenting the financial planning recommendations 6. Implementing the financial planning recommendations 7. Monitoring progress and updating What ...

1 © 2019 Pearson Canada Inc. Test Bank & Solution manual for Personal Finance, Fourth Canadian Edition (4th Edition) by Jeff Mad 2 © 2019 Pearson Canada Inc. Personal Finance, Canadian Ed., 4e (Madura) Overview of a Financial Plan True/False 1) Many people who believe they have strong personal finance skills do not really understand some basic personal finance concepts. Answer: TRUE Diff: 1 Type: TF Categories: Benefit From Understanding Personal Finance Financial Type: Qualitative Skill Type:...