Certified Financial Planner (CFP)

1. Which is the most important step in the process of financial planning?

A. Establish a good rapport with the client

B. Review the client's financial status

C. Making sure all fees and commissions are explained to the client

D. Selling Products to the client

2. Which of the following is the most pressing concern of a business owner?

A. To make sure someone takes over the business

B. To have sufficient insurance coverage

C. To avoid the contravention of the law

D. To earn money

3. The best way to make an estate plan is to __________.

A. Write a Will

B. Make a nomination

C. Leave a lot of cash

D. Establish a Trust

4. What is the most common asset for retirement?

A. Stocks

B. Bonds

C. Cash

D. Property

5. What is the most common type of Insurance product?

A. Endowment

B. Fire Insurance

C. Life Insurance

D. Health Insurance