1. When is a clients risk attitude most often assessed?
   1. During the first step of the financial planning process.
   2. During the second step of the financial planning process.
   3. During the third step of the financial planning process.
   4. At the same time investment recommendations are presented to a client.
2. Risk _____________________ measures the amount of financial cushion or the safety net available to a client both before and after an investment decision has been implemented.
   1. tolerance
   2. capacity
   3. preference
   4. need