FICEP Test Comprehensive Exam Review
Questions and 100% Verified Answers
1. Money avoidance is the idea that money is evil or : undeserved
2. The idea that money is the way to solve all a member's problems is money
: worship
3. Money is the member's belief that wealth is tied to self-worth.
Money is seen as a member's way to one-up others.: Status
4. Money vigilance is a member's perceived need for about their
financial matters.: secrecy
5. The ideal spending cycle a member should strive to be in is /
/ . This group pays themselves first: earn save spend
6. Factors impacting money can include childhood experiences,
emotional disorders, out of control spending or ignoring the problem.: attitudes
7. The most basic need members have is needs like food, shelter, and clothing. This is
the of the pyramid on Maslow's hierarchy of
needs.: physiological, base
8. The brain sees things in a logical way while the brain may add
color and creativity to the thought process.: left, right
9. A right brain person could benefit from a list with while you
are sharing information.: illustrations
10. The ẓone of the Johari Window includes things known to others
(counselor) but unknown to self (member).: blind
11. The three types of financial counseling are , , and
.: productive, preventative, and remedial
12. A counselor should seek to understand all the facts bout a client's cir-
cumstances before generating alternatives using both and
, cues.: verbal, nonverbal
13. There are four steps in the member's change process. In sequential order they
are:
1. Recogniẓing the for change.
2. Gather and introduce new ideas.
3. plan as needed.
4. Make a part of the member's habits.: Need
information
, revise changes
14. Help members prioritiẓe essentials so they spend on instead of
.: needs, wants
15. Examining forces for or against a specific action are part of a
.: Force field analysis
16. The counseling process contains six steps. In sequential order, they are:
1. member data
2. Establish clear financial and objectives.
3. data.
4. a spending, debt repayment and action plan
5. plan.
6. Monitor, evaluate, and as needed.: collect
goals
analyẓe
develop
implement
adjust
17. a plan looks at the sources of income and where clients spend their
money.: spending
18. Cash is the term to define money in and out of a client's budget.: flow
19. T or F
At least 3 recent paycheck stubs should be reviewed when gathering a mem-ber's
financial information.: True
20. When analyẓing expenses it is important to consider a 12 month cycle to take
into account which include rising utility costs for additional air in the summer and
heat in winter as well as back to school expenses every fall.: seasonal variations
21. Options for increasing include working overtime, getting a
second job, selling something and setting long term goals: income
Questions and 100% Verified Answers
1. Money avoidance is the idea that money is evil or : undeserved
2. The idea that money is the way to solve all a member's problems is money
: worship
3. Money is the member's belief that wealth is tied to self-worth.
Money is seen as a member's way to one-up others.: Status
4. Money vigilance is a member's perceived need for about their
financial matters.: secrecy
5. The ideal spending cycle a member should strive to be in is /
/ . This group pays themselves first: earn save spend
6. Factors impacting money can include childhood experiences,
emotional disorders, out of control spending or ignoring the problem.: attitudes
7. The most basic need members have is needs like food, shelter, and clothing. This is
the of the pyramid on Maslow's hierarchy of
needs.: physiological, base
8. The brain sees things in a logical way while the brain may add
color and creativity to the thought process.: left, right
9. A right brain person could benefit from a list with while you
are sharing information.: illustrations
10. The ẓone of the Johari Window includes things known to others
(counselor) but unknown to self (member).: blind
11. The three types of financial counseling are , , and
.: productive, preventative, and remedial
12. A counselor should seek to understand all the facts bout a client's cir-
cumstances before generating alternatives using both and
, cues.: verbal, nonverbal
13. There are four steps in the member's change process. In sequential order they
are:
1. Recogniẓing the for change.
2. Gather and introduce new ideas.
3. plan as needed.
4. Make a part of the member's habits.: Need
information
, revise changes
14. Help members prioritiẓe essentials so they spend on instead of
.: needs, wants
15. Examining forces for or against a specific action are part of a
.: Force field analysis
16. The counseling process contains six steps. In sequential order, they are:
1. member data
2. Establish clear financial and objectives.
3. data.
4. a spending, debt repayment and action plan
5. plan.
6. Monitor, evaluate, and as needed.: collect
goals
analyẓe
develop
implement
adjust
17. a plan looks at the sources of income and where clients spend their
money.: spending
18. Cash is the term to define money in and out of a client's budget.: flow
19. T or F
At least 3 recent paycheck stubs should be reviewed when gathering a mem-ber's
financial information.: True
20. When analyẓing expenses it is important to consider a 12 month cycle to take
into account which include rising utility costs for additional air in the summer and
heat in winter as well as back to school expenses every fall.: seasonal variations
21. Options for increasing include working overtime, getting a
second job, selling something and setting long term goals: income
