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CEPA CE (Certified Exit Planning Advisor)Verified
Exam Preparation Newest With Complete Questions
And Correct Detailed Answers| Newest Exam!!!
Which of the following is not a gate in the Value
Acceleration Methodology?
A) Prepare
B) Plan
C) Discover
D) Decide - Answers-B) Plan
Which of the following is a benefit of focusing on value?
A) Very predictable results
B) Gets employees thinking like owners
C) Mitigates risk
D) All of the above - Answers-D) All of the above
The "Triggering Event" is delivered in what gate of the
Value Acceleration Methodology?
A) Discover
B) Prepare
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C) Decide
D) All of the above - Answers-A) Discover
What is the total timeframe it typically takes to move a
business owner through the full Value Acceleration
Methodology process?
A) Six months to one year
B) Minimum of one year
C) One to three years
D) 3.5 years or more - Answers-D) 3.5 years or more
Personal liability insurance is a supplementary insurance
that is not imperative for business owners to own since
most homeowners
and car insurance policies are comprehensive and cover
similar liabilities.
A) True
B) False - Answers-B) False
Wealth management includes various components of
investment management and comprehensive planning
such as:
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A) Portfolio management
B) Retirement planning
C) Risk management
D) Estate planning
E) All of the above - Answers-E) All of the above
Which of the following is an example of lacking portfolio
diversification?:
A) An appropriate three to six month cash reserve
B) Too much US Large Cap or Private Company Stock
C) High expense ratios
D) Exposure to Emerging Markets - Answers-B) Too much
US Large Cap or Private Company Stock
For a business owner to minimize estate tax liabilities and
ensure specificity for control and protections of assets
before and after
death, they should have:
A) Will
B) Power of attorney for financial transactions
C) Revocable living trust
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D) All of the above - Answers-D) All of the above
A retirement cash flow plan, which details the amount of,
additions to and uses of investment assets, is most
accurate when the
following is used in the analysis:
A) A static rate of return
B) Statistical modeling
C) Historical S&P500 rate of return
D) The historical average rate of return on the client's
existing portfolio - Answers-B) Statistical modeling
What percentage of privately held businesses that are
offered for sale each year ultimately do not sell?
A) 20%
B) 40%
C) 50%
D) 80% - Answers-D) 80%
According to the Family Firm Institute, what percentage of
family transitions survive into the second generation?
A) 20%
CEPA CE (Certified Exit Planning Advisor)Verified
Exam Preparation Newest With Complete Questions
And Correct Detailed Answers| Newest Exam!!!
Which of the following is not a gate in the Value
Acceleration Methodology?
A) Prepare
B) Plan
C) Discover
D) Decide - Answers-B) Plan
Which of the following is a benefit of focusing on value?
A) Very predictable results
B) Gets employees thinking like owners
C) Mitigates risk
D) All of the above - Answers-D) All of the above
The "Triggering Event" is delivered in what gate of the
Value Acceleration Methodology?
A) Discover
B) Prepare
,2|Page
C) Decide
D) All of the above - Answers-A) Discover
What is the total timeframe it typically takes to move a
business owner through the full Value Acceleration
Methodology process?
A) Six months to one year
B) Minimum of one year
C) One to three years
D) 3.5 years or more - Answers-D) 3.5 years or more
Personal liability insurance is a supplementary insurance
that is not imperative for business owners to own since
most homeowners
and car insurance policies are comprehensive and cover
similar liabilities.
A) True
B) False - Answers-B) False
Wealth management includes various components of
investment management and comprehensive planning
such as:
,3|Page
A) Portfolio management
B) Retirement planning
C) Risk management
D) Estate planning
E) All of the above - Answers-E) All of the above
Which of the following is an example of lacking portfolio
diversification?:
A) An appropriate three to six month cash reserve
B) Too much US Large Cap or Private Company Stock
C) High expense ratios
D) Exposure to Emerging Markets - Answers-B) Too much
US Large Cap or Private Company Stock
For a business owner to minimize estate tax liabilities and
ensure specificity for control and protections of assets
before and after
death, they should have:
A) Will
B) Power of attorney for financial transactions
C) Revocable living trust
, 4|Page
D) All of the above - Answers-D) All of the above
A retirement cash flow plan, which details the amount of,
additions to and uses of investment assets, is most
accurate when the
following is used in the analysis:
A) A static rate of return
B) Statistical modeling
C) Historical S&P500 rate of return
D) The historical average rate of return on the client's
existing portfolio - Answers-B) Statistical modeling
What percentage of privately held businesses that are
offered for sale each year ultimately do not sell?
A) 20%
B) 40%
C) 50%
D) 80% - Answers-D) 80%
According to the Family Firm Institute, what percentage of
family transitions survive into the second generation?
A) 20%
