Cepa Certified Exit Planning Advisor Comprehensive Exam Review Guide With Verified Correct Answers (High Accuracy & Updated 2025/2026)

Cepa Certified Exit Planning Advisor
Comprehensive Exam Review Guide With
Verified Correct Answers (High Accuracy &
Updated 2025/2026)
What survey indicated that 99%Fof business owners at least in some way agreed that "havingFa transition
strategy is important for my future and the future of my business?" - CORRECT ANSWER -
State of Owner Readiness



It's important to not just tell an owner the right answer, but to ask them the right question. What are exa
mples of the "right question" to askFa business owner client? - CORRECT ANSWER -
a. What is the strength of your intangible capital?

b. What is your biggest pain point and biggest desire?

c. What deal structure are you looking for when selling?



Complete the following quote: "LuckFisF meeting opportunity." - CORRECT ANSWER -Preparation



Four intangible capitals (The 4Cs) include Human, Structural, Social, and Customer (True/False) -
CORRECT ANSWER -True



Four intangible capitals (The 4Cs) include _______, Structural, Social, and Customer - CORRECT ANSWER -
Human



Four intangible capitals (The 4Cs) include Human, _____________ , Social, and Customer -
CORRECT ANSWER -Structural



Four intangible capitals (The 4Cs) include Human, Structural, ________, and Customer -
CORRECT ANSWER -Social



Four intangible capitals (The 4Cs) include Human, Structural, Social, and _________ _ -
CORRECT ANSWER -Customer

, Business is personal for most ownersF(T/F) - CORRECT ANSWER -True