Cfp exam 2024 - Study guides, Class notes & Summaries

CFP Exam 2024 | 665 QUESTIONS| WITH COMPLETE SOLUTIONS GRADED A+. CFP Standards of Conduct Sections (6) Correct 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 Correct Answer: Duties owed to Client: 1. Fiduciary Duty 2. Integrity 3. Competence 4. Diligence 5. Dis...

New CFP Exam Questions and Answers For November 2024/2025 Fully 100% Correct

CFP EXAM 2024 WITH 100% CORRECT ANSWERS ... - correct answer Topic 1: Financial Planning Process 1. Establish Relationship 2. Gather Information 3. Analyze data 4. Develop plan 5. Implement 6. Monitor - correct answer 6 step process: EGADIM • Services that will be provided • compensation/billing • Responsibilities of both client/planner • Time frame of relationship - correct answer Step 1: Establish Relationship • It is important that goals be defined before any r...

CFP EXAM 2024 WITH 100% ACCURATE ANSWERS Lisa purchased 500 shares of XYZ stock trading at $40 per share, with an initial margin requirement of 60% and a maintenance margin of 30%. At What price would Lisa receive a margin call? A. $20 B. $22.86 C. $57.14 D. $80.00 - correct answer B. $22.86 40*(1-.60)/ 1-.30= 22.86 Lareen purchased 1000 shares of CWC stock for $80 per share with an initial margin requirement of 65% and a maintenance margin of 40%. Assume the stock price falls to...

CFP Exam – 2024 Questions & Answers Verified 100% Correct!!

CFP 5111 Exam Questions & Answers 2024/2025 The preamble of CFP Board's Code of Ethics and Standards of Conduct describes the value of upholding aspirational standards and incorporating them into everyday financial planning practice. Identify the purpose(s) of the Code and Standards contained in the preamble. To hold all CFP® professionals to high standards of competency and ethics To benefit and protect the public To investigate, review, consider recommendations, and issue final dec...

CFP Fundamentals Exam Questions & Answers 2024/2025 Code of Ethics: CFP Professional Must (6) - ANSWERS1. Act with honesty, integrity, competence, and diligence 2. Act in client's best interest 3. Exercise due care 4. Avoid/Disclose conflicts of interest 5. Maintain confidentiality 6. Act in a manner that is positive on CFP profession fiduciary duty - ANSWERSAct in best interest of the client at all times (Loyalty, Care, Instructions) Integrity - ANSWERSHonesty, upstanding, Cand...

CFP Mock Exam 2024 (Updated) Questions With Complete Answers Graded A+

CFP Exam 2024 With 100% Correct And Verified Answers

Dalton CFP Review Exam Questions & Answers 2024/2025 Peril - ANSWERSProximate cause of a loss Hazard - ANSWERSCondition that creates or increases the likelihood of a loss Superannuation - ANSWERSRisk of outliving retirement funds Legal elements of a contract - ANSWERSCOALL Competent parties; Offer; Acceptance; Legal Consideration; Lawful purpose 6 Steps to Risk Mgmnt - ANSWERSDIE DIE Determine obj; Identify risks; Evaluate probability of loss; Determine alternatives; Implement; ...