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Exam (elaborations)

CEPA L1 Questions with Correct Answers 2026 | Certified Exit Planning Advisor (CEPA) Level 1 Exam Study Guide | Latest Exam Prep & Verified Practice Questions

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Prepare confidently for the Certified Exit Planning Advisor (CEPA) Level 1 Exam with this comprehensive 2026 study guide featuring carefully organized practice questions and answers covering the core concepts introduced in CEPA L1. This study resource is designed to help business advisors, financial planners, accountants, consultants, wealth managers, valuation professionals, and exit planning specialists strengthen their understanding of the CEPA methodology and improve exam readiness.

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Institution
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CEPA

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CEPA: L1 QUESTIONS WITH CORRECT
hy hy hy hy




ANSWERS 2025 hy hy


Save
BASIC hyCIRCUITRY hy- hyCORRECT hyANSWER hy-• hyPOTENTIALFDIFFERENCE hyOR hyVOLTAGE

• ELECTRIC hyCURRENT

• RESISTANCE

• CAPACITANCE



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hythrough hya hyconducting hyloop, hyenabling hythem hyto hydo hywork hysuch hyas hyilluminating hya hylight..




Volts hy- hyCORRECT hyANSWER hy-Voltage hy= hypressure, hyand hyit hyis hymeasured hyin hy



Joules/Coulomb hy (J/C)



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The hyterm hyvoltage hyrecognizes hyItalian hyphysicist hy



An hyItalian hyphysicist,invented hythe hyfirst hyelectric hybattery.



electric hycurrent hy- hyCORRECT hyANSWER hy-The hyrate hyof hyflow hyof hyelectrons hyin hya hyconductor



Ampere hy(A) hy- hyCORRECT hyANSWER hy-SI hyunit hyof hycurrent



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hyANSWER hy- hyAmpere hy(A), hynamed hyafter hy (1775 hy-
1836), hyFrench hymathematician hyand hyphysicist, hyconsidered hythe hyfather hyof hyelectromagnetism

, 1A hy= hy1Coulomb/second= hy1.6 hyx hy10^19 hyelectrons hy- hyCORRECT hyANSWER hy-1 hyA hy= hy c/s hy= hy
electrons



Resistance hy- hyCORRECT hyANSWER hy-• hyAlso hyknown hyas hyohmic hyresistance hyor hyelectrical hyresistance

• Measure hyof hythe hyopposition hyto hycurrent hyflow hyin hyan hyelectrical hycircuit



Ohms hy(Ω) hy- hyCORRECT hyANSWER hy-Unit hyof hyresistance



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‣ Directly hyproportional hyto hythe hylength hyof hythe hymaterial

‣ Inversely hyproportional hyto hythe hycross-sectional hyarea hyof hythe hymaterial

‣ Depends hyon hythe hynature hyof hythe hymaterial

‣ It hydepends hyon hythe hytemperature hy- hyCORRECT
hyANSWER hy- hyThe hyresistance hyof hyconducting hymaterial

hyis hyfound hyto hybe




Capacitance hy- hyCORRECT hyANSWER hy-
Ability hyof hya hycomponent hyor hycircuit hyto hycollect hyand hystore hyenergy hyin hythe hyform hyof hyan hyelectrical hycharge.



Capacitor hy- hyCORRECT hyANSWER hy-are hyenergy-storing hydevices hyavailable hyin hymany hysizes hyand hyshapes.



T hy- hyCORRECT hyANSWER hy-
Capacitor hyconsist hyof hytwo hyplates hyof hyconducting hymaterial hy(usually hya hythin hymetal) hysandwiched hybetween hyan
hyinsul hyator hymade hyof hyceramic, hyfilm, hyglass hyor hyother hymaterials, hyeven hyair.




T hyor hyf



Farad hy(F)
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