100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
UPDATED 2024/2025 FICEP EXAM QUESTIONS WITH VERIFIED SOLUTIONS ALREADY PASSED $15.49   Add to cart

Exam (elaborations)

UPDATED 2024/2025 FICEP EXAM QUESTIONS WITH VERIFIED SOLUTIONS ALREADY PASSED

 27 views  1 purchase
  • Course
  • F1900 FiCEP
  • Institution
  • F1900 FiCEP

Which cycle describes members who are just surviving and living paycheck to paycheck? - CORRECT ANSWER Earn/Spend/Earn/Spend Financial counselors who don't use what they know about hemispheric thinking may fall into the trap of: - CORRECT ANSWER Presenting information to a member i...

[Show more]

Preview 2 out of 10  pages

  • January 22, 2024
  • 10
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
  • ficep exam 2024
  • ficep exam
  • ficep
  • F1900 FiCEP
  • F1900 FiCEP
avatar-seller
ACELEARNERS
FICEP EXAM 2024 QUESTIONS WITH VERIFIED
SOLUTIONS ALREADY PASSED
Which cycle describes members who are just surviving and living paycheck to paycheck?

- CORRECT ANSWER Earn/Spend/Earn/Spend

Financial counselors who don't use what they know about hemispheric thinking may fall

into the trap of: - CORRECT ANSWER Presenting 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: - CORRECT

ANSWER Communicates in an orderly, specific, and straight-forward way

The Johari Window describes four zones. When working with a member, the Hidden

Zone represents: - CORRECT ANSWER Information that is known to the member

and not the counselor

Which type of counseling should a consumer use when a member is preparing for a large

purchase? - CORRECT ANSWER Preventive

What is NOT a vital counselor skill? - CORRECT ANSWER Asking close-ended

questions

An example of pacing is when a counselor: - CORRECT ANSWER Matches the

member's energy level

What is NOT a step in the change process? - CORRECT ANSWER Not revising the

plan

What decision making tool is best to use when considering all forces in favor or against a

plan so decision can be made? - CORRECT ANSWER Force-field analysis

, FICEP EXAM 2024 QUESTIONS WITH VERIFIED
SOLUTIONS ALREADY PASSED
What is the first step of the counseling process? - CORRECT ANSWER Collect

member data

It is best to divide a budget into which cycle? - CORRECT ANSWER Monthly

What provides a credit history including debt repayment practices for an individual? -

CORRECT ANSWER Credit report

When discussing a member's budget analysis, build in assumptions and adjustments to

make sure the process allows for a... - CORRECT ANSWER 12-month cycle

What is not a step that will reduce debt? - CORRECT ANSWER Borrowing money

from payday lenders

Increasing a monthly payment beyond the minimum required by the credit issuer is

known as: - CORRECT ANSWER Paying more on the principal

One advantage of leasing a car is: - CORRECT ANSWER Locked into a contract

When determining if a vehicle is affordable, one should consider the: - CORRECT

ANSWER Purchase price, maintenance costs, insurance costs

What type of savings helps one cope when the unthinkable occurs? - CORRECT

ANSWER Emergency

A good action plan includes: - CORRECT ANSWER A list of steps and timeline for

the member to complete

What is NOT an example of ways members may start saving? - CORRECT ANSWER

Increasing living expenses with each new raise

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

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

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 ACELEARNERS. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $15.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

81531 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$15.49  1x  sold
  • (0)
  Add to cart