A financial planner - Study guides, Class notes & Summaries

WGU D076 - Finance Skills for Managers Questions and Answers 100% correct Which area of finance deals with sources of funding and the capital structure of corporations and seeks to increase the value of a firm to its owners? Business finance Real estate Investments Financial institutions - Correct! Business finance is the area of finance that deals with uses and sources of funding to increase the value of the firm. What is the primary difference between finance and accounting? Fi...

1. Unit 2 (Module 1) What area of finance involves deciding which assets to invest in to create wealth in the future ANS Unit 2 Investments (Investments are an area of finance that involves deciding which assets to invest in to create wealth in the future.) 2. Hannah is the financial manager of a firm. A project that she has recom- mended has been approved and will cost $5 million. Since the company does not have enough cash on reserve, Hannah must figure out how to raise enough money t...

Flashpoint Securities, Inc. (FSI), is a registered broker-dealer with the state. If a violation of the Uniform Securities Act was committed, FSI would most likely not be held liable for failure to supervise which of the following? A) A financial planner, registered with the state as an investment adviser, who is registered as an agent of FSI B) An agent registered with FSI C) A clerk in FSIs back office D) The unaffiliated brother-in-law of a senior officer of FSI - ANSWER D) The una...

FP 512 EXAM WITH 250 REAL EXAM QUESTIONS AND CORRECT ANSWERS (100% CORRECT VERIFIED ANSWERS) 2024 FP 512 LATEST EXAM (NEW!!) If Mega Insurance Company has an A+ Superior rating with A.M. Best Company, what should a planner tell his client about the rating? - ANSWER-An evaluation of the financial strength of an insurance company is best obtained by consulting more than one rating service. The right of an insurer to recover damages from a third party for a loss covered by insurance is...

WGU D076 Finance Skills for Managers Questions and Answers Graded A+ Which area of finance deals with sources of funding and the capital structure of corporations and seeks to increase the value of a firm to its owners? Ans- Business finance What is the primary difference between finance and accounting? Ans- Finance focuses on the future, while accounting is generally backward-looking. Which subspecialty of finance primarily involves deciding which assets will create more wealth ...

AWMA Module 5 Quiz Questions and Answers All Correct Of the following practical dimensions of emotional intelligence, which is the most complex and difficult to attain? A)Regulation of adviser and/or client emotions B)Integration of emotional intelligence into thinking C)Perception and differentiation between emotions D)Understanding and explanation of the emotions - Answer-A) Individuals who score highly on the main dimensions of EI are able to perceive and differentiate between emot...

Dave Ramsey Introduction to Personal Finance Answers Latest Update Graded A+ Pre-Test and Post-Test Answers Question 1 through 35 1. Having debt keeps you from building wealth. True 2. An obligation of repayment owed by one party to a second party. Debt 3. A debt evidenced by a ʺnote,ʺ which specifies the principal amount, interest rate, and date of repayment.. Loan 4. The widespread financial insecurity of Americans is primarily because: The saving rate of Americans is lo...

What is a certified financial planner (CFP) or personal financial specialist (PFS)? - Answer-The professional certification for personal financial planners is CFP (Certified Financial Planning) CPAs specializing in financial planning can earn PFS (Personal Financial Specialist) Do you have to be a CFP or PFS before you can legally do financial planning? - Answer-No Generally, do you have to be licensed to sell investment advice or financial securities? - Answer-Selling financial securitie...

Which of the following activities would be appropriate if you were establishing and defining the client-planner relationship or gathering information necessary to fulfill the engagement? 1 Collecting personal financial information 2 Inquiring about the number of dependents 3 Inquiring about the age or dates of birth of dependents 4 Determining which stocks to purchase for the client's investment portfolio - ANSWER 1-3 Establishing and defining the client-planner relationship does not inc...

The Department of Labor requirements regarding advice given to retirement investors will most likely - correct answer INCREASE CLIENT EXPECTATIONS OF ADVISERS AND PUT DOWNWARD PRESSURE ON FEES If asking you to solve for an annuity due where payments occur at the beginning of the period - correct answer you would set calculator for BEG. identifying specific funds in which to invest are discussed on? - correct answer Specific investments are not discussed until step four of the plannin...