Ficep Exam | Questions And Answers |
Complete Solutions Graded A+ 2025
1. Which cycle describes members who are just surviving and living paycheck to
paycheck?
a. Earn / spend / earn / spend
b. Earn / spend / borrow / spend
c. Earn / spend / save
d. Earn / borrow / spend / save
- ANSWER: a. Earn / spend / earn / spend
Webinar 1
2. Financial counselors who don't use what they know about hemispheric thinking,
may fall into the trap of:
a. Assuming the member will succeed if they work with the counsellor
b. Asking too many questions
c. Telling the member what they should do
d. Presenting information to a member in a manner that might not be the
best way to communicate
- ANSWER: d. Presenting information to a member in a manner that
might not be the best way to communicate
Webinar 1
3. Using a hard approach, rather than a soft approach, with members:
a. Reminds members they are in control
b. Communicates in an orderly, specific and straight-forward way
c. Correlates with the right side of the brain
d. Offers possibilities and suggestions
- ANSWER: b. Communicates in an orderly, specific and straight-
forward way
Webinar 1
4. The Johari Window describes four zones. When working with a member, the
Hidden Zone represents:
a. Information that is known to the counselor and the member #$%^&*
b. Information that is known to the counselor and not the member &^%$#$
c. Information that is known to the member and not the counselor
%^&*()*
d. Information that is not known to either the member or the counselor
- ANSWER: c. Information that is known to the member and not the &^%$#$
counselor %^&*)(*
Webinar 1 &^%$#%
^&*()(*&
5. Which type of counseling should a counselor use when a member is preparing
^%$%^&
for a large purchase?
a. Preventive *()(*&^%
b. Procedural $%^&*()
c. Productive *&^%$%
^&*()(*&
^%$%^&
*()(*&^%
$#$%^&*
(*&^%$#
,Ficep Exam | Questions And Answers |
Complete Solutions Graded A+ 2025
d. Remedial
- ANSWER: a. Preventive
Webinar 2
6. Which of the following is NOT a counseling element?
a. Budget
b. Credit
c. Debt
d. Savings
- ANSWER: d. Savings
Webinar 2
7. Which of the following is a closed-ended question?
a. Tell me more about that.
b. Do you plan to move forward?
c. What was your deciding factor?
d. What is causing the hesitation?
- ANSWER: b. Do you plan to move forward?
Webinar 2
8. An example of pacing is when a counselor:
a. wears the same type of clothing as the member.
b. matches the member's tone.
c. matches the member's energy level.
d. agrees with everything the member says.
- ANSWER: c. matches the member's energy level.
Webinar 2
9. How many steps are in the change process?
a. 3
b. 4
c. 5 #$%^&*
d. 6 &^%$#$
- ANSWER: b. 4 %^&*()*
Webinar 2 &^%$#$
10. Which of the following decision-making tools is best to use when considering all %^&*)(*
forces in favor of or against a plan so a decision can be made? &^%$#%
a. Essential obligations ^&*()(*&
b. Cost-benefit analysis ^%$%^&
c. Reframing
*()(*&^%
d. Force-field analysis
- ANSWER: d. Force-field analysis $%^&*()
Webinar 2 *&^%$%
^&*()(*&
^%$%^&
*()(*&^%
$#$%^&*
(*&^%$#
, Ficep Exam | Questions And Answers |
Complete Solutions Graded A+ 2025
11. Which of the following is the first step of the counseling process?
a. Analyze data
b. Develop a spending plan
c. Collect member data
d. Establish goals and objectives
- ANSWER: c. Collect member data
Webinar 3
12. It is best to divide a budget into which cycle?
a. Daily
b. Monthly
c. Quarterly
d. Annually
- ANSWER: b. Monthly
Webinar 3
13. Which of following provides a credit history including debt repayment practices
for an individual?
a. Cash flow
b. Net worth
c. Debt ratio
d. Credit report
- ANSWER: d. Credit report
Webinar 3
14. When discussing a member's budget analysis, build in assumptions and
adjustments to make sure the process allows for a...
a. 12-month cycle.
b. 24-month cycle.
c. 36-month cycle.
d. 48-month cycle #$%^&*
- ANSWER: a. 12-month cycle. &^%$#$
Webinar 3 %^&*()*
15. Which of the following is NOT a step that will reduce debt? &^%$#$
a. Set goals %^&*)(*
b. Stop creating debt &^%$#%
c. Borrow money from payday lenders ^&*()(*&
d. Consolidate credit cards
^%$%^&
- ANSWER: c. Borrow money from payday lenders
*()(*&^%
Webinar 3
$%^&*()
*&^%$%
^&*()(*&
^%$%^&
*()(*&^%
$#$%^&*
(*&^%$#
Complete Solutions Graded A+ 2025
1. Which cycle describes members who are just surviving and living paycheck to
paycheck?
a. Earn / spend / earn / spend
b. Earn / spend / borrow / spend
c. Earn / spend / save
d. Earn / borrow / spend / save
- ANSWER: a. Earn / spend / earn / spend
Webinar 1
2. Financial counselors who don't use what they know about hemispheric thinking,
may fall into the trap of:
a. Assuming the member will succeed if they work with the counsellor
b. Asking too many questions
c. Telling the member what they should do
d. Presenting information to a member in a manner that might not be the
best way to communicate
- ANSWER: d. Presenting information to a member in a manner that
might not be the best way to communicate
Webinar 1
3. Using a hard approach, rather than a soft approach, with members:
a. Reminds members they are in control
b. Communicates in an orderly, specific and straight-forward way
c. Correlates with the right side of the brain
d. Offers possibilities and suggestions
- ANSWER: b. Communicates in an orderly, specific and straight-
forward way
Webinar 1
4. The Johari Window describes four zones. When working with a member, the
Hidden Zone represents:
a. Information that is known to the counselor and the member #$%^&*
b. Information that is known to the counselor and not the member &^%$#$
c. Information that is known to the member and not the counselor
%^&*()*
d. Information that is not known to either the member or the counselor
- ANSWER: c. Information that is known to the member and not the &^%$#$
counselor %^&*)(*
Webinar 1 &^%$#%
^&*()(*&
5. Which type of counseling should a counselor use when a member is preparing
^%$%^&
for a large purchase?
a. Preventive *()(*&^%
b. Procedural $%^&*()
c. Productive *&^%$%
^&*()(*&
^%$%^&
*()(*&^%
$#$%^&*
(*&^%$#
,Ficep Exam | Questions And Answers |
Complete Solutions Graded A+ 2025
d. Remedial
- ANSWER: a. Preventive
Webinar 2
6. Which of the following is NOT a counseling element?
a. Budget
b. Credit
c. Debt
d. Savings
- ANSWER: d. Savings
Webinar 2
7. Which of the following is a closed-ended question?
a. Tell me more about that.
b. Do you plan to move forward?
c. What was your deciding factor?
d. What is causing the hesitation?
- ANSWER: b. Do you plan to move forward?
Webinar 2
8. An example of pacing is when a counselor:
a. wears the same type of clothing as the member.
b. matches the member's tone.
c. matches the member's energy level.
d. agrees with everything the member says.
- ANSWER: c. matches the member's energy level.
Webinar 2
9. How many steps are in the change process?
a. 3
b. 4
c. 5 #$%^&*
d. 6 &^%$#$
- ANSWER: b. 4 %^&*()*
Webinar 2 &^%$#$
10. Which of the following decision-making tools is best to use when considering all %^&*)(*
forces in favor of or against a plan so a decision can be made? &^%$#%
a. Essential obligations ^&*()(*&
b. Cost-benefit analysis ^%$%^&
c. Reframing
*()(*&^%
d. Force-field analysis
- ANSWER: d. Force-field analysis $%^&*()
Webinar 2 *&^%$%
^&*()(*&
^%$%^&
*()(*&^%
$#$%^&*
(*&^%$#
, Ficep Exam | Questions And Answers |
Complete Solutions Graded A+ 2025
11. Which of the following is the first step of the counseling process?
a. Analyze data
b. Develop a spending plan
c. Collect member data
d. Establish goals and objectives
- ANSWER: c. Collect member data
Webinar 3
12. It is best to divide a budget into which cycle?
a. Daily
b. Monthly
c. Quarterly
d. Annually
- ANSWER: b. Monthly
Webinar 3
13. Which of following provides a credit history including debt repayment practices
for an individual?
a. Cash flow
b. Net worth
c. Debt ratio
d. Credit report
- ANSWER: d. Credit report
Webinar 3
14. When discussing a member's budget analysis, build in assumptions and
adjustments to make sure the process allows for a...
a. 12-month cycle.
b. 24-month cycle.
c. 36-month cycle.
d. 48-month cycle #$%^&*
- ANSWER: a. 12-month cycle. &^%$#$
Webinar 3 %^&*()*
15. Which of the following is NOT a step that will reduce debt? &^%$#$
a. Set goals %^&*)(*
b. Stop creating debt &^%$#%
c. Borrow money from payday lenders ^&*()(*&
d. Consolidate credit cards
^%$%^&
- ANSWER: c. Borrow money from payday lenders
*()(*&^%
Webinar 3
$%^&*()
*&^%$%
^&*()(*&
^%$%^&
*()(*&^%
$#$%^&*
(*&^%$#
