FICEP ACTUAL LATEST EXAM
2026/2027 WITH 100 QUESTIONS AND
EXPERT-VERIFIED CORRECT
ANSWERS | ALREADY GRADED A+ |
GUARANTEED PASS
Which of the following is a closed-ended question?
a. Tell me more about that.
b. Do you plan to move forward?
c. What was your deciding factor?
d. What is causing the hesitation? - ANSWER-b. Do you plan to move forward?
Webinar 2
An example of pacing is when a counselor:
a. wears the same type of clothing as the member.
b. matches the member's tone.
c. matches the member's energy level.
,d. agrees with everything the member says. - ANSWER-c. matches the member's
energy level.
Webinar 2
How many steps are in the change process?
a. 3
b. 4
c. 5
d. 6 - ANSWER-b. 4
Webinar 2
Which of the following decision-making tools is best to use when considering all
forces in favor of or against a plan so a decision can be made?
a. Essential obligations
b. Cost-benefit analysis
c. Reframing
d. Force-field analysis - ANSWER-d. Force-field analysis
Webinar 2
Which of the following is the first step of the counseling process?
a. Analyze data
b. Develop a spending plan
c. Collect member data
d. Establish goals and objectives - ANSWER-c. Collect member data
Webinar 3
,It is best to divide a budget into which cycle?
a. Daily
b. Monthly
c. Quarterly
d. Annually - ANSWER-b. Monthly
Webinar 3
Which of following provides a credit history including debt repayment practices
for an individual?
a. Cash flow
b. Net worth
c. Debt ratio
d. Credit report - ANSWER-d. Credit report
Webinar 3
When discussing a member's budget analysis, build in assumptions and
adjustments to make sure the process allows for a...
a. 12-month cycle.
b. 24-month cycle.
c. 36-month cycle.
d. 48-month cycle - ANSWER-a. 12-month cycle.
Webinar 3
Which of the following is NOT a step that will reduce debt?
a. Set goals
b. Stop creating debt
, c. Borrow money from payday lenders
d. Consolidate credit cards - ANSWER-c. Borrow money from payday lenders
Webinar 3
Increasing a monthly payment beyond the minimum required by the credit issuer is
known as:
a. paying more on the principal.
b. rolling up the payment.
c. paying the high-interest debts first.
d. paying the largest debt first. - ANSWER-a. paying more on the principal.
Webinar 3
One disadvantage of leasing a car is:
a. equity builds every month.
b. inconsistent monthly payments.
c. locked into a contract.
d. no factory warranty - ANSWER-c. locked into a contract.
Webinar 3
When determining if a vehicle is affordable, which of the following is NOT
important to consider?
a. Purchase price
b. Maintenance
c. Insurance
d. Ability to pay online - ANSWER-d. Ability to pay online
Webinar 3
2026/2027 WITH 100 QUESTIONS AND
EXPERT-VERIFIED CORRECT
ANSWERS | ALREADY GRADED A+ |
GUARANTEED PASS
Which of the following is a closed-ended question?
a. Tell me more about that.
b. Do you plan to move forward?
c. What was your deciding factor?
d. What is causing the hesitation? - ANSWER-b. Do you plan to move forward?
Webinar 2
An example of pacing is when a counselor:
a. wears the same type of clothing as the member.
b. matches the member's tone.
c. matches the member's energy level.
,d. agrees with everything the member says. - ANSWER-c. matches the member's
energy level.
Webinar 2
How many steps are in the change process?
a. 3
b. 4
c. 5
d. 6 - ANSWER-b. 4
Webinar 2
Which of the following decision-making tools is best to use when considering all
forces in favor of or against a plan so a decision can be made?
a. Essential obligations
b. Cost-benefit analysis
c. Reframing
d. Force-field analysis - ANSWER-d. Force-field analysis
Webinar 2
Which of the following is the first step of the counseling process?
a. Analyze data
b. Develop a spending plan
c. Collect member data
d. Establish goals and objectives - ANSWER-c. Collect member data
Webinar 3
,It is best to divide a budget into which cycle?
a. Daily
b. Monthly
c. Quarterly
d. Annually - ANSWER-b. Monthly
Webinar 3
Which of following provides a credit history including debt repayment practices
for an individual?
a. Cash flow
b. Net worth
c. Debt ratio
d. Credit report - ANSWER-d. Credit report
Webinar 3
When discussing a member's budget analysis, build in assumptions and
adjustments to make sure the process allows for a...
a. 12-month cycle.
b. 24-month cycle.
c. 36-month cycle.
d. 48-month cycle - ANSWER-a. 12-month cycle.
Webinar 3
Which of the following is NOT a step that will reduce debt?
a. Set goals
b. Stop creating debt
, c. Borrow money from payday lenders
d. Consolidate credit cards - ANSWER-c. Borrow money from payday lenders
Webinar 3
Increasing a monthly payment beyond the minimum required by the credit issuer is
known as:
a. paying more on the principal.
b. rolling up the payment.
c. paying the high-interest debts first.
d. paying the largest debt first. - ANSWER-a. paying more on the principal.
Webinar 3
One disadvantage of leasing a car is:
a. equity builds every month.
b. inconsistent monthly payments.
c. locked into a contract.
d. no factory warranty - ANSWER-c. locked into a contract.
Webinar 3
When determining if a vehicle is affordable, which of the following is NOT
important to consider?
a. Purchase price
b. Maintenance
c. Insurance
d. Ability to pay online - ANSWER-d. Ability to pay online
Webinar 3
