CKA Exam
As you consider your life's vocation, you must determine all of the following, except? - Answer-1)
Acknowledge that faith makes our calling operative
2) Seek the answer to "Am I called?"
3) Know that conviction is the only way to overcome fear
**4) Would my vocation match my personality
All of the following elements must exist for a Biblical Financial Planning except: - Answer-1) Built on
biblical wisdom and principles
2) Works for all financial planning decisions
**3) Works only for individuals that have accepted Christ
4) Works under all financial and economic conditions
How many fundamental money management principles are there? - Answer-5
Which of the following best describes the foundation of a biblical worldview of finance? - Answer-God
owns it all
,According to James 3:16, what is the cause of confusion and every evil thing: - Answer-Self-seeking and
envy
What can happen when pastors and or ministry leaders speak on money in the church? - Answer-
Sermons on money can create natural barriers between pastor and congregation
When following the fundamental money management principles, what is the outcome? - Answer-
Confidence in financial decisions
Which of the following reasons can explain why financial professionals are in a very influential position?
- Answer-Financial decisions reveal the condition of the heart
Which of the following does not describe the current environment? - Answer-1)About 20% of born
again Christians have a biblical worldview
**2)Financial literacy is the same as financial planning
3)There exists confusion within the language used in the church related to money
4)The advertising world adds to the complexity and confusion
Which of the following is not one question that everyone asks? - Answer-1) Will I ever have enough
money?
**2) Is my portfolio appropriately diversified?
3) How much is enough?
4) Will my portfolio be enough to last me?
Which of the following verses does not talk about contentment? - Answer-1) Philippians 4:11-13
2) I Timothy 6:6
**3) Luke 12:24
4) Hebrews 13:5
,Which of the following are components in the Disciple-Making Advisor model?
i. Advisor Role
ii. Leadership Role
iii. Stewardship Role
iv. Counselor Role - Answer-i, ii, and iv
Which of the following is the first step in the Sequential Investing Hierarchy? - Answer-Eliminate all high
interest and short-term debt
Which of the following characterize the world's messages in our culture?
i. I need to have enough to be secure
ii. I need to have enough to be successful
iii. I need to have enough to have be stress-free
iv. I need to have enough to have significance - Answer-i, ii, and iv
Which of the following differentiate a biblical worldview for financial decisions over that of a secular
worldview? - Answer-A biblical worldview has an eternal perspective
Which of the following best describes how the church tries to motivate people related to money
decisions? - Answer-Seeking to shame and guilt
All of the following characterize how money is portrayed in the church, except? - Answer-1) Guilt
2) Shame
**3) Regret
4) Fearful
, Which of the following is not a use of money? - Answer-1) Lifestyle
2) Savings or Growing
**3) Avoiding debt
4) Giving money away
Which of the following are current trends related to money?
i. Household wealth is growing dramatically but isolated in the hands of only a few
ii. Few over the age of 65 are financially independent
iii. Many people do not have wills
iv. Most evangelical Christians submit their tithe to their local church - Answer-i., ii, and iii
Those that manage their finances according to biblical wisdom and principles will experience all the
following except: - Answer-1) Contentment under all economic conditions
2) Confidence in their financial decisions
**3) Eliminate catastrophe's in life
4) Better communication about money
Which of the following is true regarding questions? - Answer-It makes the one being asked the question
to think about what they believe
Which of the following questions is everyone asking?
i. How much money is enough?
ii. When will I have enough?
iii. Will I ever have enough?
iv. Will it continue to be enough? - Answer-i, iii, and iv
As you consider your life's vocation, you must determine all of the following, except? - Answer-1)
Acknowledge that faith makes our calling operative
2) Seek the answer to "Am I called?"
3) Know that conviction is the only way to overcome fear
**4) Would my vocation match my personality
All of the following elements must exist for a Biblical Financial Planning except: - Answer-1) Built on
biblical wisdom and principles
2) Works for all financial planning decisions
**3) Works only for individuals that have accepted Christ
4) Works under all financial and economic conditions
How many fundamental money management principles are there? - Answer-5
Which of the following best describes the foundation of a biblical worldview of finance? - Answer-God
owns it all
,According to James 3:16, what is the cause of confusion and every evil thing: - Answer-Self-seeking and
envy
What can happen when pastors and or ministry leaders speak on money in the church? - Answer-
Sermons on money can create natural barriers between pastor and congregation
When following the fundamental money management principles, what is the outcome? - Answer-
Confidence in financial decisions
Which of the following reasons can explain why financial professionals are in a very influential position?
- Answer-Financial decisions reveal the condition of the heart
Which of the following does not describe the current environment? - Answer-1)About 20% of born
again Christians have a biblical worldview
**2)Financial literacy is the same as financial planning
3)There exists confusion within the language used in the church related to money
4)The advertising world adds to the complexity and confusion
Which of the following is not one question that everyone asks? - Answer-1) Will I ever have enough
money?
**2) Is my portfolio appropriately diversified?
3) How much is enough?
4) Will my portfolio be enough to last me?
Which of the following verses does not talk about contentment? - Answer-1) Philippians 4:11-13
2) I Timothy 6:6
**3) Luke 12:24
4) Hebrews 13:5
,Which of the following are components in the Disciple-Making Advisor model?
i. Advisor Role
ii. Leadership Role
iii. Stewardship Role
iv. Counselor Role - Answer-i, ii, and iv
Which of the following is the first step in the Sequential Investing Hierarchy? - Answer-Eliminate all high
interest and short-term debt
Which of the following characterize the world's messages in our culture?
i. I need to have enough to be secure
ii. I need to have enough to be successful
iii. I need to have enough to have be stress-free
iv. I need to have enough to have significance - Answer-i, ii, and iv
Which of the following differentiate a biblical worldview for financial decisions over that of a secular
worldview? - Answer-A biblical worldview has an eternal perspective
Which of the following best describes how the church tries to motivate people related to money
decisions? - Answer-Seeking to shame and guilt
All of the following characterize how money is portrayed in the church, except? - Answer-1) Guilt
2) Shame
**3) Regret
4) Fearful
, Which of the following is not a use of money? - Answer-1) Lifestyle
2) Savings or Growing
**3) Avoiding debt
4) Giving money away
Which of the following are current trends related to money?
i. Household wealth is growing dramatically but isolated in the hands of only a few
ii. Few over the age of 65 are financially independent
iii. Many people do not have wills
iv. Most evangelical Christians submit their tithe to their local church - Answer-i., ii, and iii
Those that manage their finances according to biblical wisdom and principles will experience all the
following except: - Answer-1) Contentment under all economic conditions
2) Confidence in their financial decisions
**3) Eliminate catastrophe's in life
4) Better communication about money
Which of the following is true regarding questions? - Answer-It makes the one being asked the question
to think about what they believe
Which of the following questions is everyone asking?
i. How much money is enough?
ii. When will I have enough?
iii. Will I ever have enough?
iv. Will it continue to be enough? - Answer-i, iii, and iv
