FIN CERT ACTUAL TEST PAPER 2026
QUESTIONS WITH SOLUTIONS GRADED A+
● forms of communication. Answer: verbal and non-verbal
● styles of communication (Jung). Answer: intuitor, thinker, sensor,
feeler
● intuitor. Answer: inspirational, visionary, conceptual, creative,
unrealistic, impractical, prefers planning, problem solver, defensive
● Thinker. Answer: logical in decision making, values honesty,
consistency and fairness
● senser. Answer: results oriented, achieving, energetic, detail oriented,
high standards, value short term planning, opinionated
● feeler. Answer: Decides things by empathizing; looks at things from
the inside. looks to achieve greatest harmony, consensus, fit. Values
kindness, tact, diplomacy, soft hearted
● learning styles. Answer: visual, auditory, kinesthetic, reading/writing
, ● financial capacity. Answer: the ability, based on knowledge, skills, and
access, to manage financial resources prudently and effectively
● six components to a budget. Answer: income, taxes, fixed expenses,
variable expenses, periodic expenses, discretionary expenses
● three steps to budgeting. Answer: list income and expenses, evaluating
changes to be made, maintaining the budget
● periodic expenses. Answer: occur regularly, but not monthly
● types of credit. Answer: -secured
-unsecured
-installment loans
-revolving credit accounts
-fixed rate loan
- adjustable rate loan
● secured credit. Answer: Credit that requires security (collateral) that
secures payment of the loan
● examples of secured credit. Answer: mortgages, auto loans, passbook
loans, secured credit cards
QUESTIONS WITH SOLUTIONS GRADED A+
● forms of communication. Answer: verbal and non-verbal
● styles of communication (Jung). Answer: intuitor, thinker, sensor,
feeler
● intuitor. Answer: inspirational, visionary, conceptual, creative,
unrealistic, impractical, prefers planning, problem solver, defensive
● Thinker. Answer: logical in decision making, values honesty,
consistency and fairness
● senser. Answer: results oriented, achieving, energetic, detail oriented,
high standards, value short term planning, opinionated
● feeler. Answer: Decides things by empathizing; looks at things from
the inside. looks to achieve greatest harmony, consensus, fit. Values
kindness, tact, diplomacy, soft hearted
● learning styles. Answer: visual, auditory, kinesthetic, reading/writing
, ● financial capacity. Answer: the ability, based on knowledge, skills, and
access, to manage financial resources prudently and effectively
● six components to a budget. Answer: income, taxes, fixed expenses,
variable expenses, periodic expenses, discretionary expenses
● three steps to budgeting. Answer: list income and expenses, evaluating
changes to be made, maintaining the budget
● periodic expenses. Answer: occur regularly, but not monthly
● types of credit. Answer: -secured
-unsecured
-installment loans
-revolving credit accounts
-fixed rate loan
- adjustable rate loan
● secured credit. Answer: Credit that requires security (collateral) that
secures payment of the loan
● examples of secured credit. Answer: mortgages, auto loans, passbook
loans, secured credit cards
