1 All of the following are examples of qualitative information that should be collected by the financial planner

EXCEPT:

a. General attitude towards spending.

b. Risk tolerance.

c. Client age and number of children.

d. Education goals.

2 Tiffany Evans, a medical doctor and prospective client, has come to your office for the first time. Which is the most appropriate way to greet her?

a. "Welcome to my office."

b. "Hi, Tiffany. Welcome to my office."

c. "Welcome to my office, Dr. Evans."

d. "Welcome to my office, Ms. Evans."

3 During your meeting with your client, Hayden Doyle, you recommended he purchase a personal liability umbrella

policy (PLUP). Which part of the financial planning process were you engaged in?

a. Implement Financial Plan Recommendations.

b. Develop and Present Financial Planning Recommendations.

c. Gather Client Data.

d. Monitor Plan.

4 Financial planners earn compensation in the form of:

a. A percentage of assets managed.

b. An hourly rate or fee.

c. A commission on investment and insurance products sold.

d. All of the above