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SOLVE ALL OR DONT SOLVE OR I WILL RATE NEGATIVE Which statement below regarding FPSC Financial Planning Practice Standards is correct? A. The CFP professional

SOLVE ALL OR DONT SOLVE OR I WILL RATE NEGATIVE

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Which statement below regarding FPSC Financial Planning Practice Standards is correct? A. The CFP professional has the professional discretion to change the order in which the financial planning practice standards are applied O B. The practice standards outline the process that should be followed in any client engagement where financial planning services are being offered, not just when delivering a comprehensive financial plan. als and FPSC Level 1 certifican planning activities with clients. D. Where a practice standard is in conflict with an employer's expectation, the CFP professional should ensure that they follow the employer's expectations. You have $5000 saved which you may need for home repairs at any time in the next few years. If you did need the funds, you would have a week's notice to access the funds. Which of the following would likely give you the best return for your S5000? O A. A three-year Canada Savings Bond in a TFSA account O B. A savings account O C. A three-year cashable GIC outside a TFSA O D. A three-year cashable GIC in a TFSA account Canada's taxation rules are called "progressive." This means O A. the higher your income, the higher your tax rate. O B. taxes are deducted from your income and withheld at the source. C. that Canada's tax system supports progressive social programs. O D. government benefits are clawed back when someone's income exceeds a certain threshold

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