CEPA_EXAM_UPDATED_FINAL_PAPER_2026_COMPLETE_QUESTIONS_AND_VERIFIED

CEPA EXAM UPDATED FINAL PAPER
2026 COMPLETE QUESTIONS AND
VERIFIED ANSWERS GRADE A+
◉ It's important to not just tell an owner the right answer, but to ask
them the right question. What are examples of the "right question" to ask
a business owner client?
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: "Luck is ___ meeting opportunity."
Answer: Preparation


◉ Four intangible capitals (The 4Cs) include Human, Structural, Social,
and Customer (True/False)
Answer: True


◉ Four intangible capitals (The 4Cs) include _ _ _ _ _, Structural,
Social, and Customer
Answer: Human


◉ Four intangible capitals (The 4Cs) include Human, _ _ _ _ _ _ _ _ _ _,
Social, and Customer
Answer: Structural

, ◉ Four intangible capitals (The 4Cs) include Human, Structural, _ _ _ _
_ _, and Customer
Answer: Social


◉ Four intangible capitals (The 4Cs) include Human, Structural, Social,
and _ _ _ _ _ _ _ _
Answer: Customer


◉ Business is personal for most owners (T/F)
Answer: True


◉ Exit planning is a strategic business tool used to focus the company
on maximizing business value (T/F)
Answer: True


◉ The Baby Boomer generation doesn't needs to be thinking about exit
planning (T/F)
Answer: True


◉ The Value Acceleration Methodology provides a structure to the exit
planning process (T/F)
Answer: True