Cfp 4 - Study guides, Class notes & Summaries
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Sean's CFP Exam Questions & Answers 2024/2025
- Exam (elaborations) • 18 pages • 2024
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Sean's CFP Exam Questions & Answers 2024/2025 
 
 
List the four assets that don't fall into the category of "capital assets" or "ordinary income" assets: - ANSWERS1) Accounts Receivable 
2) Copyrights and creative compositions in the hands of the author 
3) Inventory 
4) Depreciable Real Estate and Personal Property (1231) 
 
Memory clue: ACID 
 
List the two types of property that receive 1231 treatment: - ANSWERS1) Personal property (personalty) used in a trade or business (1245) and h...
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CFP FINANCIAL PLANNING EXAM QUESTIONS & ANSWERS (Latest Update 2024) Certified 100%
- Exam (elaborations) • 41 pages • 2024
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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
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CFP exam questions with correct answers graded A+
- Exam (elaborations) • 10 pages • 2023
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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...
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CFP Review Exam Questions & Answers 2024/2025
- Exam (elaborations) • 7 pages • 2024
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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...
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Test Bank & Solution Manual for Personal Finance 4th Canadian Edition by Jeff Madura
- Exam (elaborations) • 660 pages • 2024
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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...
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TCFP 4 Review Exam Questions 2024.
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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...
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CFP exam fully solved graded A+
- Exam (elaborations) • 10 pages • 2023
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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 ...
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Test Bank & Solution Manual for Personal Finance 4th Canadian Edition by Jeff Madura
- Exam (elaborations) • 660 pages • 2024
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- $19.99
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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:...
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Sanitation Certification Test Questions and Answers with complete solution
- Exam (elaborations) • 12 pages • 2024
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Sanitation Certification Test Questions and Answers with complete solution 
 
what must be your first concern? 
protecting the consumer against illnesses caused by contaminated foods 
what five factors should you focus on? 
1. following good personal hygiene practices 
2. using correct time and temperatures 
3. preventing cross-contamination 
4. use only approved suppliers 
5. the condition of the food service facility 
United States Department of Agriculture (USDA) 
has authority over foods tha...
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CFP - Fundamentals 7 Steps of the Financial Planning Process, Code of Ethics and Standards Exam Questions with Correct Answers
- Exam (elaborations) • 18 pages • 2024
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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 ...
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