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are these correct? 1. All of the following are examples of qualitative information collected by financial planners during a financial planning engagement EXCEPT: a. General

are these correct?
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1. All of the following are examples of qualitative information collected by financial planners during a financial planning engagement EXCEPT: a. General attitudes about spending money. b. The client's tolerance for risk. c. Client age and number of children. d. Education goals for children. 2. Which of the following is usually included in a financial planning engagement letter? a. The time horizon for the financial planning work to be completed. b. A description of the fees and costs for the plan. c. A definition of the parties included in the financial plan. d. All.of the above are included. 3. Financial Planners can earn compensation in the form of: a. Commission for investment and/or insurance products sold. b. An hourly planning rate. c. A flat fee for the financial plan. d. A percentage of the assets managed. e. All of the above are acceptable forms of compensation. 4. All of the following are duties of a Fiduciary EXCEPT: a. A duty of loyalty and utmost good faith. b. Disclosing all conflicts of interest to a client. c. Investing clients' money to earn the highest rate of return possible. d. An obligation to act in the best interests of clients. e. All of the above are duties of a Fiduciary. 5. All of the following are examples of external data to be monitored by the financial planner EXCEPT: a. Current and historical rates of inflation. b. College tuition rates. c. Air BNB rental rates for the local market. d. Interest rates for state municipal bors?s. e. Current economic conditions exprestd as GDP. 6. During your meeting with your client, you recommend that she purchase life insurance with a higher death benefit. Which stage of the financial planning process are you engaged in? a. Analyzing the Client's Current Course of Action and Potential Alternative Course(s) of Action b. Developing the Financial Planning Recommendation(s) c. Presenting the Financial Planning Recommendation(s) d. Implementing the Financial Planning Recommendation(s) e. You are not engaging in any stage of the financial planning process

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