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FiCEP Prep Test Questions & Answers 2024/2025

FICEP Prep Exam Questions & Answers 2024/2025

FiCEP Prep Final Exam Questions & Answers 2024/2025 operating costs - ANSWERSA tax is defined as a contribution that supports the _____ of a government. progressive - ANSWERSA _____ tax requires a taxpayer to pay more tax as their income increases. (Federal and state income taxes are examples) regressive - ANSWERSA _____ tax charges the same percentage of the cost of a good or service, no matter what the taxpayer earns. (Sales tax, gas taxes, and liquor taxes are examples) fees or ...

FiCEP Test Questions & Answers 2024/2025 Right Side of the Brain - ANSWERSThis side of the brain processes creativity, patterns, spatial awareness, context Financial Planning - ANSWERSHelps members make the most of their incomes to accomplish long term goals, including saving and investing for retirement Debt Counseling - ANSWERSHelps members learn possible ways to structure their debt. Credit Counseling - ANSWERSHelps members manage spending in a way that rebuilds their credit and...

FICEP final test questions & answers 2024/2025 people who have gambled in their lifetimes, in the past year - ANSWERS85%, 66% learning financial attitudes from parents is known as - ANSWERSmodeling consumers who want it "now vs later" are at the greatest risk of - ANSWERSspending more than they can afford if a member thinks of a new obligation as only a few more dollars a month, without considering the total cost of the purchase, this usually indicates that they are - ANSWERSfoc...

FICEP Exam 1 Questions & Answers 2024/2025 Money avoidance is the idea that money is evil or ______________ - ANSWERSundeserved The idea that money is the way to solve all a member's problems is money ______________ - ANSWERSworship Money ____________ is the member's belief that wealth is tied to self-worth. Money is seen as a member's way to one-up others. - ANSWERSStatus Money vigilance is a member's perceived need for ___________ about their financial matters. - ANSWERSsecre...

FiCEP Exam Questions & Answers 2024/2025 Which cycle describes members who are just surviving and living paycheck to paycheck? - ANSWERSEarn/Spend/Earn/Spend Financial counselors who don't use what they know about hemispheric thinking may fall into the trap of: - ANSWERSPresenting information to a member in a manner that might not be the best way to communicate Using a hard approach, rather than a soft approach, with members: - ANSWERSCommunicates in an orderly, specific, and straigh...

FICEP Final Exam Questions & Answers 2024/2025 Select the statement that correctly describes a progressive tax. - ANSWERSA progressive tax requires people to pay more as they earn more. Pick the statement that best describes a regressive tax. - ANSWERSA regressive tax charges the same tax rate regardless of the taxpayer's income. Why are government fees and surcharges sometimes described as a form of tax? - ANSWERSBecause they generate income for the government. Which taxing autho...

BUNDLE - CSCC EXAMS

CSCC Exam 2 (BIO) Questions & Answers 2024/2025 Nails are a continuation of this layer of the epidermis. - ANSWERSStratus Lucidum The epidermis is avascular meaning it has a good blood supply running through it. - ANSWERSfalse Vasodilation is the enlargement of blood vessel diameter increasing blood flow to the skin. The resulting negative feedback mechanism of homeostasis: - ANSWERScools the skin by increasing heat loss when too warm The most superficial layer of the skin is the -...