NATIONAL CERTIFIED GUARDIAN
(NCG) FINAL EXAM PREP QUESTIONS
AND VERIFIED ANSWERS. JUST
RELEASED
1. Which ethical principle requires the guardian to make the decision the person under
guardianship would make if they had the capacity to do so?
A. Best Interest Standard
B. Substituted Judgment Standard
C. Prudent Investor Rule
D. Doctrine of Parens Patriae
Answer: B
Conceptual Explanation: The Substituted Judgment Standard requires the guardian to
promote the self-determination of the person by making the decision the person would
make based on their previously expressed preferences and values.
2. Under the National Guardianship Association (NGA) standards, when is the Best Interest
Standard applied?
A. Only when the ward is fully competent
B. When the ward’s wishes are known but appear unwise
,C. When the person’s wishes cannot be determined even after a thorough search
D. In all financial transactions involving real estate
Answer: C
Conceptual Explanation: The Best Interest Standard is used only as a last resort when the
person’s preferences cannot be ascertained via the Substituted Judgment Standard.
3. The Prudent Investor Rule primarily dictates that a guardian should:
A. Manage assets with the care, skill, and caution that a prudent person would under
similar circumstances
B. Maintain the ward’s portfolio exactly as it was found at the time of appointment
C. Invest only in government-backed bonds to ensure zero risk
D. Maximize returns regardless of the risk to the principal
Answer: A
Conceptual Explanation: The Prudent Investor Rule emphasizes a balanced approach to
risk and return, focusing on the overall portfolio’s health and the specific needs of the ward.
4. What is the first step a guardian should take regarding the ward’s residential placement?
A. Move the ward to a skilled nursing facility for safety
B. Seek the most restrictive environment to prevent wandering
C. Sell the ward’s home immediately to pay for future care
, D. Ensure the person resides in the least restrictive environment available
Answer: D
Conceptual Explanation: Guardians are ethically and legally bound to ensure the ward
lives in the least restrictive setting that meets their safety and functional needs.
5. Which document provides the legal authority for a guardian to act on behalf of the person
under guardianship?
A. Letters of Office (or Letters of Guardianship)
B. Power of Attorney
C. The Ward’s Birth Certificate
D. An Advanced Health Care Directive
Answer: A
Conceptual Explanation: Letters of Office or Letters of Guardianship are the court-issued
documents that prove the guardian’s authority to third parties.
6. When a guardian identifies a potential conflict of interest, what is the most appropriate
action?
A. Ignore it if the transaction benefits the ward
B. Disclose the conflict to the court and seek specific approval
C. Proceed as long as the ward’s family agrees
D. Resign immediately without explanation
(NCG) FINAL EXAM PREP QUESTIONS
AND VERIFIED ANSWERS. JUST
RELEASED
1. Which ethical principle requires the guardian to make the decision the person under
guardianship would make if they had the capacity to do so?
A. Best Interest Standard
B. Substituted Judgment Standard
C. Prudent Investor Rule
D. Doctrine of Parens Patriae
Answer: B
Conceptual Explanation: The Substituted Judgment Standard requires the guardian to
promote the self-determination of the person by making the decision the person would
make based on their previously expressed preferences and values.
2. Under the National Guardianship Association (NGA) standards, when is the Best Interest
Standard applied?
A. Only when the ward is fully competent
B. When the ward’s wishes are known but appear unwise
,C. When the person’s wishes cannot be determined even after a thorough search
D. In all financial transactions involving real estate
Answer: C
Conceptual Explanation: The Best Interest Standard is used only as a last resort when the
person’s preferences cannot be ascertained via the Substituted Judgment Standard.
3. The Prudent Investor Rule primarily dictates that a guardian should:
A. Manage assets with the care, skill, and caution that a prudent person would under
similar circumstances
B. Maintain the ward’s portfolio exactly as it was found at the time of appointment
C. Invest only in government-backed bonds to ensure zero risk
D. Maximize returns regardless of the risk to the principal
Answer: A
Conceptual Explanation: The Prudent Investor Rule emphasizes a balanced approach to
risk and return, focusing on the overall portfolio’s health and the specific needs of the ward.
4. What is the first step a guardian should take regarding the ward’s residential placement?
A. Move the ward to a skilled nursing facility for safety
B. Seek the most restrictive environment to prevent wandering
C. Sell the ward’s home immediately to pay for future care
, D. Ensure the person resides in the least restrictive environment available
Answer: D
Conceptual Explanation: Guardians are ethically and legally bound to ensure the ward
lives in the least restrictive setting that meets their safety and functional needs.
5. Which document provides the legal authority for a guardian to act on behalf of the person
under guardianship?
A. Letters of Office (or Letters of Guardianship)
B. Power of Attorney
C. The Ward’s Birth Certificate
D. An Advanced Health Care Directive
Answer: A
Conceptual Explanation: Letters of Office or Letters of Guardianship are the court-issued
documents that prove the guardian’s authority to third parties.
6. When a guardian identifies a potential conflict of interest, what is the most appropriate
action?
A. Ignore it if the transaction benefits the ward
B. Disclose the conflict to the court and seek specific approval
C. Proceed as long as the ward’s family agrees
D. Resign immediately without explanation
