CDFA EXAM LATEST 2024-2025 ACTUAL EXAM
300 QUESTIONS AND CORRECT DETAILED
ANSWERS (VERIFIED ANSWERS) |ALREADY
GRADED A+
Terms in this set (288)
In a divorce settlement, Considering only an equal division of property
what mistake is commonly
made by financial
professionals without
proper training?
Considering the tax
consequences of the sale
of property
Considering investment
returns
Considering inflation
Considering only an equal
division of property
,Which of the following is a Failing to consider the tax consequences of an early
common mistake that withdrawal from a retirement account
divorcing couples make?
Failing to consider the tax
consequences of an early
withdrawal
from a retirement account
Dividing a joint checking
account to obtain an
equitable
distribution of assets
Using the cost basis to
determine taxes on the sale
of property
Failing to consider the taxes
due on child support
payments
From a client's perspective When considering getting a divorce
and without regard to the
cost, at which of the
following times should an
individual hire a CDFA
professional?
When considering getting a
divorce
After meeting with an
attorney
After filing a petition for
divorce
Prior to a final judgment for
divorce
,Which of the following is Prepare business valuations and analysis.
NOT an appropriate service
that CDFA professionals can
provide?
Determine the financial
impact of the proposed
settlement.
Provide litigation support
relating to financial issues.
Prepare a report showing
the financial impact of one
spouse
keeping the family home.
Prepare business valuations
and analysis.
Which of the following is To help them identify their financial goals, including
NOT a reason for a CDFA retirement
professional to interview objectives
clients?
To collect financial data
To develop a budget
To complete answers to
interrogatories
To help them identify their
financial goals, including
retirement
objectives
, Jacob is divorcing his wife, Michelle will need to analyze the financial information
Andrea. Jacob has hired for both
Michelle, a CDFA Jacob and Andrea.
professional, to work on his
divorce case. Which of the
following actions are
appropriate for Michelle?
Michelle will only need to
analyze Jacob's financial
information.
Michelle will only need to
analyze Andrea's financial
information.
Michelle will need to
analyze Jacob's financial
information and
audit Andrea's financial
information.
Michelle will need to
analyze the financial
information for both
Jacob and Andrea.
An individual who is trained
to calculate statistically
risks, premiums, and life
expectancies for insurance
and pension plans is
referred to as a/an
_______________.
A ________________ is an
individual who has been
trained to assist
people in coming to an
agreement.
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