Certified Divorce Financial Analyst (CDFA)
Handbook Questions with Answers (100%
Correct Answers)
IDFA Answer: The Institute for Divorce Financial Analysts, the premier
national organization dedicated to the certification, education, and promotion
of the use of financial professionals in the divorce arena.
CDFA® Answer: Certified Divorce Financial Analyst®, a designation for
financial professionals specializing in divorce financial planning, requiring
successful exam completion and good standing with relevant regulatory
agencies.
Code of Ethics Answer: Standards of honesty, integrity, competence,
objectivity, fairness, confidentiality, professionalism, scope, compliance, and
support that CDFA professionals must adhere to in conducting divorce-
planning work.
Certification Exam Answer: An exam certifying a candidate's knowledge and
skills in analyzing and providing expertise on the financial issues of divorce,
including eligibility requirements and ongoing certification requirements.
Cut Score Answer: The passing point for the CDFA exam, determined using
the Modified Angoff method based on minimal standards for competent job
performance rather than relative candidate performance.
Continuing Education Answer: Requirement for CDFA practitioners to
maintain technical competence, involving a minimum of 30 hours every 2
years, with a certificate of completion for each credit hour submitted and
reviewed by IDFA staff.
Disciplinary Rules Answer: Rules and procedures for enforcing the Code of
Ethics, including grounds for disciplinary investigation, forms of discipline,
Handbook Questions with Answers (100%
Correct Answers)
IDFA Answer: The Institute for Divorce Financial Analysts, the premier
national organization dedicated to the certification, education, and promotion
of the use of financial professionals in the divorce arena.
CDFA® Answer: Certified Divorce Financial Analyst®, a designation for
financial professionals specializing in divorce financial planning, requiring
successful exam completion and good standing with relevant regulatory
agencies.
Code of Ethics Answer: Standards of honesty, integrity, competence,
objectivity, fairness, confidentiality, professionalism, scope, compliance, and
support that CDFA professionals must adhere to in conducting divorce-
planning work.
Certification Exam Answer: An exam certifying a candidate's knowledge and
skills in analyzing and providing expertise on the financial issues of divorce,
including eligibility requirements and ongoing certification requirements.
Cut Score Answer: The passing point for the CDFA exam, determined using
the Modified Angoff method based on minimal standards for competent job
performance rather than relative candidate performance.
Continuing Education Answer: Requirement for CDFA practitioners to
maintain technical competence, involving a minimum of 30 hours every 2
years, with a certificate of completion for each credit hour submitted and
reviewed by IDFA staff.
Disciplinary Rules Answer: Rules and procedures for enforcing the Code of
Ethics, including grounds for disciplinary investigation, forms of discipline,