Cfp 4 - Study guides, Class notes & Summaries

Sean's CFP Exam Questions & Answers 2024/2025 List the four assets that don't fall into the category of "capital assets" or "ordinary income" assets: - ANSWERS1) Accounts Receivable 2) Copyrights and creative compositions in the hands of the author 3) Inventory 4) Depreciable Real Estate and Personal Property (1231) Memory clue: ACID List the two types of property that receive 1231 treatment: - ANSWERS1) Personal property (personalty) used in a trade or business (1245) and h...

CFP FINANCIAL PLANNING EXAM QUESTIONS & ANSWERS (Latest Update 2024) Certified 100% Sample Question & Answer: 7 Principles of the Code of Ethics and Professional Responsibility - Answer - 1. Integrity 2. Objectivity 3. Competence 4. Fairness 5. Confidentiality 6. Professionalism 7. Diligence

CFP exam Topic 1: Financial Planning Process - correct answer ... 6 step process: EGADIM - correct answer 1. Establish Relationship 2. Gather Information 3. Analyze data 4. Develop plan 5. Implement 6. Monitor Step 1: Establish Relationship - correct answer • Services that will be provided • compensation/billing • Responsibilities of both client/planner • Time frame of relationship Step 2: Gather quantitative and qualitative data - correct answer • It is important tha...

CFP Review Exam Questions & Answers 2024/2025 Peril Hazard (Three Types) Loss - ANSWERSCause of Financial Loss Condition that increases the probability that a loss will occur a) Physical Hazard - Physical Characteristics that increase the chance of loss b) Moral Hazard - Chance of loss from dishonesty c) Morale Hazard - Indifference to loss/carelessness leads to loss Loss is a disappearance or reduction in value Exclusions - ANSWERSOutline the perils that are not covered...

Test Bank & Solution manual for Personal Finance, Fourth Canadian Edition (4th Edition) by Jeff Mad 2 © 2019 Pearson Canada Inc. Personal Finance, Canadian Ed., 4e (Madura) Overview of a Financial Plan True/False 1) Many people who believe they have strong personal finance skills do not really understand some basic personal finance concepts. Answer: TRUE Diff: 1 Type: TF Categories: Benefit From Understanding Personal Finance Financial Type: Qualitative Skill Type: Recall 2) The per capita debt...

CFP examTopic 1: Financial Planning Process - correct answer ... 6 step process: EGADIM - correct answer 1. Establish Relationship 2. Gather Information 3. Analyze data 4. Develop plan 5. Implement 6. Monitor Step 1: Establish Relationship - correct answer • Services that will be provided • compensation/billing • Responsibilities of both client/planner • Time frame of relationship Step 2: Gather quantitative and qualitative data - correct answer • It is important that ...

TCFP 4 Review Exam Questions 2024. jib - CORRECT ANSWER Crane that holds up the camera dolly - CORRECT ANSWER A cart the camera can ride, usually on tracks, to capture moving shots smoothly shot - CORRECT ANSWER An image on the screen, which can be moving or still, and which is uninterrupted Lenses - CORRECT ANSWER Removable optical devices that can be attached to a camera telephoto lens - CORRECT ANSWER Also called a "long lens" wide-angle lens - CORRECT ANSWER 30mm or les...

1 © 2019 Pearson Canada Inc. Test Bank & Solution manual for Personal Finance, Fourth Canadian Edition (4th Edition) by Jeff Mad 2 © 2019 Pearson Canada Inc. Personal Finance, Canadian Ed., 4e (Madura) Overview of a Financial Plan True/False 1) Many people who believe they have strong personal finance skills do not really understand some basic personal finance concepts. Answer: TRUE Diff: 1 Type: TF Categories: Benefit From Understanding Personal Finance Financial Type: Qualitative Skill Type:...

Sanitation Certification Test Questions and Answers with complete solution what must be your first concern? protecting the consumer against illnesses caused by contaminated foods what five factors should you focus on? 1. following good personal hygiene practices 2. using correct time and temperatures 3. preventing cross-contamination 4. use only approved suppliers 5. the condition of the food service facility United States Department of Agriculture (USDA) has authority over foods tha...

7 Steps of the Financial Planning Process - ANSWER-1. Understanding the client's personal and financial circumstances (qualitative/quantitative information) 2. Identifying and selecting goals 3. Analyzing the client's current course of action and potential alternative courses of action 4. Developing the financial planning recommendations 5. Presenting the financial planning recommendations 6. Implementing the financial planning recommendations 7. Monitoring progress and updating What ...