Cfp exam 2024 - Study guides, Class notes & Summaries

Financial Planning - ANSWER A collaborative process that helps maximize a Client's potential for meeting life goals through Financial Advice that integrates relevant elements of the Client's personal and financial circumstances. Automatic Bars from CFP Board - ANSWER Suspensions (not Bars) from CFP Board - ANSWER Who sets Monetary Policy? - ANSWER Federal Reserve Who sets Fiscal Policy? - ANSWER Congress and the President

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CFP EXAM 2024 WITH 100% ACCURATE SOLUTIONS Savings Strategy: How much of your gross income should you save? - correct answer 5-8% Securities Act of 1933 - correct answer Purchasers of new issues must be provided with a detailed prospectus before transaction. Securities Act of 1934 - correct answer Regulates the secondary Market or trading of issued securities. This act created the SEC Investment Company Act of 1940 - correct answer SEC can regulate UITs, Mutual funds, and variable ...

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Which is a characteristic of smooth bore nozzles? A. Prone to clogging with debris B. Cannot be used to apply compressed air foam C. Cannot be adjusted to different stream patterns D. Operate at higher nozzle pressures than fog nozzles - correct answer C. Cannot be adjusted to different stream patterns How is the rate of discharge for a manually adjustable fog nozzle changed? A. Pushing the bale forward or backward slowly B. Rotating the nozzle tip to choose a wider or narrower pa...

NFPA 1001 is the - correct answer Standard for Firefighter Professional Qualifications One of the primary functions of the truck/ladder company is - correct answer performing forcible entry to fire scene buildings OSHA may establish regulations governing fire department activities such as - correct answer health and safety In the ICS, the functional area responsible for all incident activities, including the development and implementation of strategic decisions, is - correct answ...

CFP Standards of Conduct Sections (6) - ANSWER-A. Duties owed to clients. B. Fin. Planning and Application of Practice Standards C. Practice Standards for Fin. Planning Process D. Duties owed to firms/subordinates E. Duties owed to CFP Board F. Prohibition on Circumvention Section A of CFP Standards of Conduct - ANSWER-Duties owed to Client: 1. Fiduciary Duty 2. Integrity 3. Competence 4. Diligence 5. Disclose and Manage Conflicts of Interest 6. Sound and Objective Professional Jud...