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FIRST PUBLISHED: SEPTEMBER 2024
CUNA FiCEP Exam Practice Questions
and Answers
Financial Counseling is never? - Answer✔️✔️-An answer to every problem.
Providing financial education can have which of the following employee benefits? -
Answer✔️✔️-Reduce Absenteeism.
Which is an essential Counselor Quality? - Answer✔️✔️-Remaining nonjudgmental.
Which vital skill allows you to observe every aspect of a members attempt at
communication? - Answer✔️✔️-Observing nonverbal clues.
Which is an element that supports the motivation needed to make significant life
changes? - Answer✔️✔️-Confidence.
Which is a false statement regarding Force-Field Analysis? - Answer✔️✔️-A member lists
only the forces preventing achievement.
What is Force-Field Analysis? - Answer✔️✔️-the process of determining which forces
drive and which resist a proposed change.
Weighing the costs and benefits of two possible solutions can help members determine
what? - Answer✔️✔️-If a solution is workable and beneficial.
Which extreme financial approach may lead to giving away what little money the
member may have? - Answer✔️✔️-Money Avoidance.
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OWNER: EMILLYCHARLOTTE
COPYRIGHT STATEMENT: ©2024 EMILLYCHARLOTTE. ALL RIGHTS RESERVED
FIRST PUBLISHED: SEPTEMBER 2024
Which term refers to communication patterns that are so ingrained the response is
automatic? - Answer✔️✔️-Patterned Responses.
Which communication skill do counselors use to create a feeling of connection with a
member by matching physical characteristics? - Answer✔️✔️-Pacing.
Which communication approach represents a tactic used to show confirmation of
information? - Answer✔️✔️-Restating or Paraphrasing.
Which one of these is not a successful money management trait? - Answer✔️✔️-Give.
Which type of financial counseling includes helping members with good financial habits
manage financial challenges due to life changes? - Answer✔️✔️-Preventive.
During the financial counseling process, which task is included in the development of a
spending plan? - Answer✔️✔️-Helping the member break the budget into components
that reflect the spending cycle.
What is an item that members do not need to bring to the initial meeting? - Answer✔️✔️-
Passport.
Which expenditure represents a form of secured debt? - Answer✔️✔️-Car loan.
What are the five C's of credit? - Answer✔️✔️-Capacity, character, collateral, capital, and
conditions.
Which financial literacy topic is appropriate to learn at a preschool age? - Answer✔️✔️-
Wants vs. Needs.