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

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Prepare for Certified Exit Planning Advisor (CEPA) Session 1 with this comprehensive 2026 study guide featuring practice questions with correct answers and clear explanations. This resource is designed to help financial advisors, business consultants, CPAs, attorneys, valuation professionals, wealth managers, M&A advisors, and business owners build a strong foundation in the core principles of the CEPA program.

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CEPA SESSION 1 QUESTIONS WITH
hy hy hy hy




CORRECT ANSWERS 2025
hy hy hy


"Having hya hytransition hystrategy hyis hyimportant hyboth hyfor hymy hyfuture hyand hyfor hythe hyfuture hyof hymy hybusiness"
hyis hya hystate hyment hythat hy% hyof hybusiness hyowners hyagree hywith hy- hyCORRECT hyANSWER hy-99%




% hyof hybusiness hyownersFhave hydone hyno hyplanning hyat hyall hy- hyCORRECT hyANSWER hy-48%



Exit hyPlanning hyis hygood hy - hyCORRECT hyANSWER hy-Exit hyplanningFis hygood hybusiness hystrategy



75% hyof hybusiness hyowners hyprofoundly hyregret hyselling hytheir hybusiness

just.. hybecause.. hy- hyCORRECT hyANSWER hy-one hyyear hyafter hyselling
hy



..they hyhad hyno hyplans hyon hywhat hyto hydo hynext



The hythree hystages hyof hythe hyEPI hyValue hyAcceleration hyMethodology hyare: hy- hyCORRECT hyANSWER hy-
hyDiscover, hyPrepare, hyand hyDecide




We hyneed hyto hymove hyaway hyfrom hy"accounting hybehavior" hywhere hywe hyjust hytell hyclients hythe hyright hyanswers,
hyand hymov hye hytowards hy behavior, hywhere hyadvisors hyask hyowners hythe hyright hyquestions hy- hyCORRECT

hyANSWER hy-

Intriguing hyBehavior



CEPA's hywho hydon't hyactually hycharge hyfor hyexit hyplanningFservices hyare hyin hythe hyType hycategory hyof hy and hy_
- hyCORRECT hyANSWER hy-Engagers hyand hyCollaborators



The hyCEPAs hywho hycharge hyfor hyCEPA hyexams hy(usually hyconsultants, hyaccountants) hythat hymanage hythe hyvalue
hyaccelerat hyion hymodel hyare hyin hythe hyType hycategory hyof hy advisors hy- hyCORRECT hyANSWER hy-Value




Exit hyplanning hyis hy tense hy- hyCORRECT hyANSWER hy-Exit hyplanning hyis hypresent hytense



Business hyis hy - hyCORRECT hyANSWER hy-Personal

, Plans hymust hybe hygrounded hyin hy - hyCORRECT hyANSWER hy-Action



The hythree hypillars hyof hyexit hyplanning hyare: hy- hyCORRECT hyANSWER hy-1:

Awareness hy2: hyTeam hyPlay
hy



3: hyProcess



Exit hyPlanning hycombines hythe hy , hy h y h y h y h y , hy h y h y h y h y , hyand hy h y h y h y h y , hyinto hya
hyclear, hysimple hy h y h y h y h y to hybuild hya hybusine hyss hythat hyis hy h y h y h y through hystrong hyhuman,

hystructural, hycustomer, hyand hysocial hycapital. hyThe hyfuture hyof hyyou, hyyour hyfa hymily, hyand hyyour hybusiness hyare

hyaddress hyby hyfocusing hyon hycreating hyvalue hy h y h y h y - hyCORRECT hyANSWER hy-

Exit hyPlanning hycombines hythe hyPlan, hyConcept, hyEffort, hyand hyProcess hyinto hya hyclear, hysimple hyStrategy hyto
hybuild hya hybusin hyess hythat hyis hyTransferable hythrough hystrongFhuman, hystructural, hycustomer hyand hysocial

hycapital. hyThe hyfuture hyof hyyou, hyyour hyfamily, hyand hyyour hybusiness hyare hyaddressed hyby hyfocusing hyon

hycreating hyvalue hyToday.




The hyto hytypes hyof hybusiness hyowners hyare hy business hyowners hyand hy Business hyOwners
hy- hyCORRECT hyANSWER hy-Lifestyle hyand hyValue hyCreator




business hyowners hyhave hygood hyincome hy- hyCORRECT hyANSWER hy-Lifestyle



business hyowners hyhave hynext-level hyincome hyas hythey hyare hy - - -
CORRECT hyANSWER hy-Value hyCreator hybusiness hyowners hyhave hynext-level hyincome hyas hythey hyare hybest-in-class



Business hythat hystruggle hyto hybe hysold hyare hy businesses hy- hyCORRECT hyANSWER
hy- hyLifestyle hy(typically hyliquidation hyvalue)




Business hythat hysell hyatFa hypremium hyare hy businesses hy- hyCORRECT hyANSWER hy-Value hyCreator



Lifestyle hybusinesses hyare hyowner hy - hyCORRECT hyANSWER hy-owner hydependent



Value hyCreator hybusinesses, hythe hyowner hyis hy - hyCORRECT hyANSWER hy-independent



The hyowner'sFidentity hyis hytied hyto hythe hybusiness hywith hya hy business hy- hyCORRECT hyANSWER hy-Lifestyle

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