CFP Practice Questions & ANSWERS 2024 LATEST UPDATE!!!
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Course
CFP - Certified Financial Planner
Institution
CFP - Certified Financial Planner
Stafford Loans are administered by:
A) Private Loan Administration
B) Federal Family Education Loan Program
C) Parent loans to undergraduate students
D) Federal assistance loan program - ANSWER B
Perkins loans - ANSWER Low-interest federal student loans for undergraduate and graduate student...
Money in a coverdell savings account must be used by the time beneficiary is ____years of age -
ANSWER 30
A Change in quantity supplied is identified bu which of the following?
A) Shifting the demand curve
B) Shifting the supply Curve
C) Movement along the supply curve
, D) Movement along the demand curve - ANSWER C- This is the willingness to offer the same product at
different prices.
If an RIA has betwen _____ and ____ of assets under management, the IRA may register with either the
applicable states where the RIA maintains clients, or the SEC
A) 10MM & 100MM
B) 25MM and 100MM
C) 50MM and 150MM
D) 100MM and 200MM - ANSWER B
A recession is a decline in real GDP for ______ or more consecutive quarters, A depression is a decline in
real GDP for ____ or more consecutive quarters
a) 2,4
b) 3,6
c) 2,6
d) 4,6 - ANSWER C) 2,6
Gross Domestic Product (GDP) = C+I+G+E. The variables C, I, G and E stand for which of the following
1) C= personal consumption
2) I= Issuance of government bonds
3) G= Government consumption
4) E = Exports - ANSWER B)
GDP = C+I+G+E
C= personal consumption
I= gross private domestic investment
G= government spending
E=Net exports
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