CEPA EXAM QUESTIONS OVERVIEW
Comprehensive Exam Review Guide
With Verified Correct Answers (High
Accuracy & Updated 2025/2026)
State of Owner Readiness - CORRECT ANSWER -
Survey indicating business owners value transition strategy.
Intangible Capital - CORRECT ANSWER -Strengths and desires key to askingFbusiness owner clients.
Exit Planning - CORRECT ANSWER -Strategic tool for maximizing business value.
Value Maturity Stages - CORRECT ANSWER -Identify, Protect, Build, Harvest, and Manage.
Sellers' Cold Feet - CORRECT ANSWER -Caused by lack of personal planning during business sale.
Common Sense Scoring - CORRECT ANSWER -Forces comparison without choosing 'average.'
Value Creator Business - CORRECT ANSWER -Style likely to generate better income and sell at a premium.
4 Cs Intangible Capitals - CORRECT ANSWER -Human, Structural, Social, and Customer capitals.
Triggering Event - CORRECT ANSWER -Assessment correlated to business range of value.
90-Day Question - CORRECT ANSWER -Owners should ask themselves every 90 days.
Value Acceleration - CORRECT ANSWER -Grounded in action for business growth.
Comprehensive Exam Review Guide
With Verified Correct Answers (High
Accuracy & Updated 2025/2026)
State of Owner Readiness - CORRECT ANSWER -
Survey indicating business owners value transition strategy.
Intangible Capital - CORRECT ANSWER -Strengths and desires key to askingFbusiness owner clients.
Exit Planning - CORRECT ANSWER -Strategic tool for maximizing business value.
Value Maturity Stages - CORRECT ANSWER -Identify, Protect, Build, Harvest, and Manage.
Sellers' Cold Feet - CORRECT ANSWER -Caused by lack of personal planning during business sale.
Common Sense Scoring - CORRECT ANSWER -Forces comparison without choosing 'average.'
Value Creator Business - CORRECT ANSWER -Style likely to generate better income and sell at a premium.
4 Cs Intangible Capitals - CORRECT ANSWER -Human, Structural, Social, and Customer capitals.
Triggering Event - CORRECT ANSWER -Assessment correlated to business range of value.
90-Day Question - CORRECT ANSWER -Owners should ask themselves every 90 days.
Value Acceleration - CORRECT ANSWER -Grounded in action for business growth.
