FP1 FULL PRACTICE
EXAM |80
QUESTIONS WITH
100% CORRECT
ANSWERS |
UPDATED&VERIFIED
2024-2025
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Save
Terms in this set (80)
,Which A. Professionalism is displayed
statement by being competent and
regarding the knowledgeable.
traits or
values of Professionalism is displayed by
financial being competent and
advisors is knowledgeable by keeping up
correct? to date regarding key aspects
of the financial services
A. industry.
Professionalis
m is
displayed by
being
competent
and
knowledgeab
le.
B. Diligence is
displayed by
being honest
with clients.
C. Objectivity
requires
respecting
clients'
privacy.
D.
Confidentialit
y requires the
advisor to
make
impartial
recommendat
ions.
,
, By and large, B. The role has shifted to a
what client driven model where
statement building a strong client
below is true relationship is key.
in regards to
the current The role of the Advisor in the
landscape in financial services industry has
Canada for changed in recent years from
financial one that is product driven to
advisors? one that is client driven.
Reference: Module 1, Section 1
A. There has
been a
dramatic shift
to fee based
advice as it's
perceived as
unbiased.
B. The role
has shifted to
a client
driven model
where
building a
strong client
relationship is
key.
C. The
business is
now product
driven where
it's all about
selling higher
commissione
d products.
EXAM |80
QUESTIONS WITH
100% CORRECT
ANSWERS |
UPDATED&VERIFIED
2024-2025
Leave the first rating
Save
Terms in this set (80)
,Which A. Professionalism is displayed
statement by being competent and
regarding the knowledgeable.
traits or
values of Professionalism is displayed by
financial being competent and
advisors is knowledgeable by keeping up
correct? to date regarding key aspects
of the financial services
A. industry.
Professionalis
m is
displayed by
being
competent
and
knowledgeab
le.
B. Diligence is
displayed by
being honest
with clients.
C. Objectivity
requires
respecting
clients'
privacy.
D.
Confidentialit
y requires the
advisor to
make
impartial
recommendat
ions.
,
, By and large, B. The role has shifted to a
what client driven model where
statement building a strong client
below is true relationship is key.
in regards to
the current The role of the Advisor in the
landscape in financial services industry has
Canada for changed in recent years from
financial one that is product driven to
advisors? one that is client driven.
Reference: Module 1, Section 1
A. There has
been a
dramatic shift
to fee based
advice as it's
perceived as
unbiased.
B. The role
has shifted to
a client
driven model
where
building a
strong client
relationship is
key.
C. The
business is
now product
driven where
it's all about
selling higher
commissione
d products.
