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QFA Loans - Sample Paper 2 Exam Questions And Answers
A lifetime loan is where: A a property is jointly owned by the lender and borrower. B the loan is repaid from the sale proceeds of the property. C the borrower pays a notional rent for use of the property during their lifetime. D a property is sold to the financial institution at a discounted value by a borrower in arrears. - ANS B 1.2.1 - Different forms of loans A hire purchase agreement is where a consumer: A purchases goods now from a retailer with the aid of a loan provi...
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A lifetime loan is where: A a property is jointly owned by the lender and borrower. B the loan is repaid from the sale proceeds of the property. C the borrower pays a notional rent for use of the property during their lifetime. D a property is sold to the financial institution at a discounted value by a borrower in arrears. - ANS B 1.2.1 - Different forms of loans A hire purchase agreement is where a consumer: A purchases goods now from a retailer with the aid of a loan provi...
QFA Pensions Sample Paper 2 Exam Questions And Answers
The acronym ARF stands for which of the following? A Approved Retirement Fund B Annual Retirement Fund C Automatic Retirement Fund D Age Related Function - ANS A (i) - Glossary - Prologue The earnings limit for pension contributions is currently: A €115,000 B €150,000 C €254,000 D €500,000 - ANS A (ii) - Earnings and age related limits - Prologue Which of the following is/are earned income? (i) Rent (ii) Deposit interest (iii) Self-employed t...
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The acronym ARF stands for which of the following? A Approved Retirement Fund B Annual Retirement Fund C Automatic Retirement Fund D Age Related Function - ANS A (i) - Glossary - Prologue The earnings limit for pension contributions is currently: A €115,000 B €150,000 C €254,000 D €500,000 - ANS A (ii) - Earnings and age related limits - Prologue Which of the following is/are earned income? (i) Rent (ii) Deposit interest (iii) Self-employed t...
QFA Life Assurance Sample Paper 2 Exam Questions And Answers
A need to provide for the financial impact of certain unpredictable events, which may cause an interruption in a client's earned income, is which type of personal financial need? A Savings B Investment C Protection D Loan - ANS C 1.1 - Main types of personal financial needs The primary financial need of a typical couple in their early 30s is likely to be: A Serious Illness cover B Lump sum Investment C Retirement Planning D Saving for a deposit to obtain a home loan...
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A need to provide for the financial impact of certain unpredictable events, which may cause an interruption in a client's earned income, is which type of personal financial need? A Savings B Investment C Protection D Loan - ANS C 1.1 - Main types of personal financial needs The primary financial need of a typical couple in their early 30s is likely to be: A Serious Illness cover B Lump sum Investment C Retirement Planning D Saving for a deposit to obtain a home loan...
QFA Investments Sample Paper 2 Questions And Answers
The financial services market in Ireland enables providers to collect surplus funds as savings and lend them at a margin to: A individuals only. B businesses only. C individuals and businesses only. D individuals, businesses and the Government. - ANS D 1.1 - Functions Home loan borrowers on a standard variable rate mortgage are subject to WHICH type of investment risk? A Currency. B Liquidity. C Interest rate. D Inflation. - ANS C 1.1 - Functions of financial ...
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The financial services market in Ireland enables providers to collect surplus funds as savings and lend them at a margin to: A individuals only. B businesses only. C individuals and businesses only. D individuals, businesses and the Government. - ANS D 1.1 - Functions Home loan borrowers on a standard variable rate mortgage are subject to WHICH type of investment risk? A Currency. B Liquidity. C Interest rate. D Inflation. - ANS C 1.1 - Functions of financial ...
CFP Course 1 Module 1: Financial Planning Process Exam Questions And Answers
Fiduciary Duty - ANS At all times when providing financial advice to clients, CFP must act as a fiduciary, act in the best interest of the client Four E's of CFP certification - ANS Education, Examination, Experience, Ethics Financial Planning - ANS 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 Financial ...
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Fiduciary Duty - ANS At all times when providing financial advice to clients, CFP must act as a fiduciary, act in the best interest of the client Four E's of CFP certification - ANS Education, Examination, Experience, Ethics Financial Planning - ANS 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 Financial ...
FPQP Module 1 Exam Questions And Answers
Financial Planning - ANS A collaborative process that helps maximize a clients potential for meeting life goals; integrates personal and financial circumstances comprehensive financial plan - ANS addresses most if not all aspects of clients circumstances targeted financial plan - ANS addresses one or two of a client's objectives major factors in making a financial plan - ANS -what -why -when what makes an effective financial goal? - ANS purp...
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Financial Planning - ANS A collaborative process that helps maximize a clients potential for meeting life goals; integrates personal and financial circumstances comprehensive financial plan - ANS addresses most if not all aspects of clients circumstances targeted financial plan - ANS addresses one or two of a client's objectives major factors in making a financial plan - ANS -what -why -when what makes an effective financial goal? - ANS purp...
FPQP Module 1 Exam Questions And Answers
Affinity bias - ANS Poor financial decisions are made because they are based on how people believe the outcomes will represent their interests and values Behavioral finance is - ANS the field of study that examines whether investors act rationally or irrationally when making investment decisions cognitive errors - ANS result from incomplete information or inability to analyze Comprehensive financial plan - ANS Covers all of a persons financial objectives,...
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Affinity bias - ANS Poor financial decisions are made because they are based on how people believe the outcomes will represent their interests and values Behavioral finance is - ANS the field of study that examines whether investors act rationally or irrationally when making investment decisions cognitive errors - ANS result from incomplete information or inability to analyze Comprehensive financial plan - ANS Covers all of a persons financial objectives,...
FPQP - Module 1 Exam Questions And Answers
A - ANS Personal Financial Planning a. is a collaborative process b. is primarily needed by wealthy individuals c. does not need monitoring if done correctly d. involves only insurance, investment, and retirement planning C - ANS Which one of the following is a correctly written financial goal? a. to set aside 10% of income for the purpose of replacing the automobile currently owned b. to accumulate funds within the next 10 years for college expenses for a son c. to...
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A - ANS Personal Financial Planning a. is a collaborative process b. is primarily needed by wealthy individuals c. does not need monitoring if done correctly d. involves only insurance, investment, and retirement planning C - ANS Which one of the following is a correctly written financial goal? a. to set aside 10% of income for the purpose of replacing the automobile currently owned b. to accumulate funds within the next 10 years for college expenses for a son c. to...
FPQP - Module 1 - The Financial Planning Process Exam Questions And Answers
LO 1-1: Definition of personal financial planning - ANS "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." LO 1-1: Areas of financial planning - ANS 1. developing goals 2. cash management 3. debt management 4. risk management planning 5. insurance planning 6. educational needs 7. group benefits planning 8. in...
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LO 1-1: Definition of personal financial planning - ANS "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." LO 1-1: Areas of financial planning - ANS 1. developing goals 2. cash management 3. debt management 4. risk management planning 5. insurance planning 6. educational needs 7. group benefits planning 8. in...
AWS Identity Access Management (IAM) Exam Questions And Answers
IAM - ANS Identity Access Management What is IAM? - ANS Enables you to securely control access to AWS services and resources for your users. Create and manage AWS users and groups and use permissions to allow and deny their access to AWS resources. What are some basic features of IAM? - ANS 1. Grant unique security credentials to users and groups to specify which AWS service APIs and resources they can access. 2. Granularity to control a user's access to specif...
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IAM - ANS Identity Access Management What is IAM? - ANS Enables you to securely control access to AWS services and resources for your users. Create and manage AWS users and groups and use permissions to allow and deny their access to AWS resources. What are some basic features of IAM? - ANS 1. Grant unique security credentials to users and groups to specify which AWS service APIs and resources they can access. 2. Granularity to control a user's access to specif...
Pre and post test Barkley Exam Questions And Answers
Galen College of Nursing NU110 Exam #2 100% Graded & verified
HS 2712 - Final Exam Prep Question Rated 100% And Answers
Medical Surgical Telemetry B Exam Questions And Answers
NC Locksmith Exam Section 1 Questions And Ans