1|Page
CEPA (Certified Exit Planning Advisor) Exam
Preparation Version 2 Newest Verified Exam!!! With
Complete Questions And Correct Detailed Answers|
Newest Exam!!!!
What survey indicated that 99% of business owners at
least in some way agreed that "having a transition strategy
is important for my future and the future of my business?" -
Answers-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 examples of the
"right question" to ask a business owner client? - Answers-
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." - Answers-Preparation
Four intangible capitals (The 4Cs) include Human,
Structural, Social, and Customer (True/False) - Answers-
True
,2|Page
Four intangible capitals (The 4Cs) include _ _ _ _ _,
Structural, Social, and Customer - Answers-Human
Four intangible capitals (The 4Cs) include Human, _ _ _ _
_ _ _ _ _ _, Social, and Customer - Answers-Structural
Four intangible capitals (The 4Cs) include Human,
Structural, _ _ _ _ _ _, and Customer - Answers-Social
Four intangible capitals (The 4Cs) include Human,
Structural, Social, and _ _ _ _ _ _ _ _ - Answers-Customer
Business is personal for most owners (T/F) - Answers-
True
Exit planning is a strategic business tool used to focus the
company on maximizing business value (T/F) - Answers-
True
The Baby Boomer generation doesn't needs to be thinking
about exit planning (T/F) - Answers-True
, 3|Page
The Value Acceleration Methodology provides a structure
to the exit planning process (T/F) - Answers-True
A successful exit strategy balances the "____ Legs of the
Stool." - Answers-Three
What is one of the main causes of "sellers' cold feet"
during the sale of a business? - Answers-Lack of Personal
Planning
What is the first stage in the "Five Stages of Value
Maturity?" - Answers-Identify
What is the second stage in the "Five Stages of Value
Maturity?" - Answers-Protect
What is the third stage in the "Five Stages of Value
Maturity?" - Answers-Build
What is the fourth stage in the "Five Stages of Value
Maturity?" - Answers-Harvest
CEPA (Certified Exit Planning Advisor) Exam
Preparation Version 2 Newest Verified Exam!!! With
Complete Questions And Correct Detailed Answers|
Newest Exam!!!!
What survey indicated that 99% of business owners at
least in some way agreed that "having a transition strategy
is important for my future and the future of my business?" -
Answers-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 examples of the
"right question" to ask a business owner client? - Answers-
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." - Answers-Preparation
Four intangible capitals (The 4Cs) include Human,
Structural, Social, and Customer (True/False) - Answers-
True
,2|Page
Four intangible capitals (The 4Cs) include _ _ _ _ _,
Structural, Social, and Customer - Answers-Human
Four intangible capitals (The 4Cs) include Human, _ _ _ _
_ _ _ _ _ _, Social, and Customer - Answers-Structural
Four intangible capitals (The 4Cs) include Human,
Structural, _ _ _ _ _ _, and Customer - Answers-Social
Four intangible capitals (The 4Cs) include Human,
Structural, Social, and _ _ _ _ _ _ _ _ - Answers-Customer
Business is personal for most owners (T/F) - Answers-
True
Exit planning is a strategic business tool used to focus the
company on maximizing business value (T/F) - Answers-
True
The Baby Boomer generation doesn't needs to be thinking
about exit planning (T/F) - Answers-True
, 3|Page
The Value Acceleration Methodology provides a structure
to the exit planning process (T/F) - Answers-True
A successful exit strategy balances the "____ Legs of the
Stool." - Answers-Three
What is one of the main causes of "sellers' cold feet"
during the sale of a business? - Answers-Lack of Personal
Planning
What is the first stage in the "Five Stages of Value
Maturity?" - Answers-Identify
What is the second stage in the "Five Stages of Value
Maturity?" - Answers-Protect
What is the third stage in the "Five Stages of Value
Maturity?" - Answers-Build
What is the fourth stage in the "Five Stages of Value
Maturity?" - Answers-Harvest
