CKA Exam
How many fundamental money management principles are there?
1)3
2)4
3)5
4)6 - Answer-3) 5
According to James 3:16, what is the cause of confusion and every evil thing:
1)Envy and fear
2)Self-Seeking and Pride
3)Pride and Envy
4)Self-Seeking and Envy - Answer-4)Self-Seeking and Envy
Which of the following are current trends related to money?i. Household wealth is growing dramatically
but isolated in the hands of only a fewii. Few over the age of 65 are financially independentiii. Many
people do not have willsiv. Most evangelical Christians submit their tithe to their local church
1)i., ii, and iii only
2)i., iii, and iv only
,3)ii, iii, and iv only
4)i., ii, iii, and iv - Answer-1)i., ii, and iii only
Which of the following best describes how the church tries to motivate people related to money
decisions?
1)Using hope and encouragement of an eternal perspective
2)Seeking to shame and guilt
3)Through consistent accountability within the church
4)Discipline the body of Christ in financial decision-making - Answer-2)Seeking to shame and guilt
Which of the following reasons can explain why financial professionals are in a very influential position?
1)Financial decisions are complex and need an advisor
2)Wealthy people must seek professional advice
3)Financial decisions reveal the condition of the heart
4)Finances can be how we protect our families - Answer-3)Financial decisions reveal the condition of
the heart
Which of the following best describes the foundation of a biblical worldview of finance?
1)Stewardship starts with accepting Christ
2)God owns it all
3)Contentment is the primary goal
4)Generosity should be the outcome of our faith - Answer-2)God owns it all
What aspect of our lives drives our behavior?
1)Knowing the outcomes
2)Our beliefs
,3)Those that depend on us for financial support
4)Federal laws - Answer-2)Our beliefs
All of the following elements must exist for a Biblical Financial Planning except:
1)Built on biblical wisdom and principles
2)Works for all financial planning decisions
3)Works only for individuals that have accepted Christ
4)Works under all financial and economic conditions - Answer-3)Works only for individuals that have
accepted Christ
Which of the following identifies a struggle within the lifestyle use of money?
1)Balancing contentment and funding our desires
2)Balancing provision and protection
3)Balancing needs and wants
4)Balancing paying debt and giving - Answer-2)Balancing provision and protection
Which of the following are components in the Disciple-Making Advisor model?i. Advisor Roleii.
Leadership Roleiii. Stewardship Roleiv. Counselor Role
1)i., ii, iii, and iv
2)i., ii, and iv only
3)i., iii and iv only
4)ii, iii, and iv only - Answer-2)i., ii, and iv only
Which of the following is not one question that everyone asks?
1)Will I ever have enough money?
2)Is my portfolio appropriately diversified?
, 3)How much is enough?
4)Will my portfolio be enough to last me? - Answer-2)Is my portfolio appropriately diversified?
What can happen when pastors and or ministry leaders speak on money in the church?
1)Sermons on money tend to bring more people to church services
2)Church budgets are usually fully funded immediately.
3)Sermons on money can create natural barriers between pastor and congregation
4)Funding missions usually becomes the top priority in the church - Answer-3)Sermons on money can
create natural barriers between pastor and congregation
Which of the following differentiate a biblical worldview for financial decisions over that of a secular
worldview?
1)A biblical worldview has an eternal perspective
2)A biblical worldview offers prescriptive advice
3)A biblical worldview answers the question "How?"
4)A biblical worldview can isolate independent financial decisions for clarity - Answer-1)A biblical
worldview has an eternal perspective
Which of the following is the first step in the Sequential Investing Hierarchy?
1)Diversify your assets to meet long-term goals
2)Create an emergency fund of 3-6 months
3)Save for major purchases
4)Eliminate all high interest and short-term debt - Answer-4)Eliminate all high interest and short-term
debt
All of the following characterize how money is portrayed in the church, except?
1)Guilt
How many fundamental money management principles are there?
1)3
2)4
3)5
4)6 - Answer-3) 5
According to James 3:16, what is the cause of confusion and every evil thing:
1)Envy and fear
2)Self-Seeking and Pride
3)Pride and Envy
4)Self-Seeking and Envy - Answer-4)Self-Seeking and Envy
Which of the following are current trends related to money?i. Household wealth is growing dramatically
but isolated in the hands of only a fewii. Few over the age of 65 are financially independentiii. Many
people do not have willsiv. Most evangelical Christians submit their tithe to their local church
1)i., ii, and iii only
2)i., iii, and iv only
,3)ii, iii, and iv only
4)i., ii, iii, and iv - Answer-1)i., ii, and iii only
Which of the following best describes how the church tries to motivate people related to money
decisions?
1)Using hope and encouragement of an eternal perspective
2)Seeking to shame and guilt
3)Through consistent accountability within the church
4)Discipline the body of Christ in financial decision-making - Answer-2)Seeking to shame and guilt
Which of the following reasons can explain why financial professionals are in a very influential position?
1)Financial decisions are complex and need an advisor
2)Wealthy people must seek professional advice
3)Financial decisions reveal the condition of the heart
4)Finances can be how we protect our families - Answer-3)Financial decisions reveal the condition of
the heart
Which of the following best describes the foundation of a biblical worldview of finance?
1)Stewardship starts with accepting Christ
2)God owns it all
3)Contentment is the primary goal
4)Generosity should be the outcome of our faith - Answer-2)God owns it all
What aspect of our lives drives our behavior?
1)Knowing the outcomes
2)Our beliefs
,3)Those that depend on us for financial support
4)Federal laws - Answer-2)Our beliefs
All of the following elements must exist for a Biblical Financial Planning except:
1)Built on biblical wisdom and principles
2)Works for all financial planning decisions
3)Works only for individuals that have accepted Christ
4)Works under all financial and economic conditions - Answer-3)Works only for individuals that have
accepted Christ
Which of the following identifies a struggle within the lifestyle use of money?
1)Balancing contentment and funding our desires
2)Balancing provision and protection
3)Balancing needs and wants
4)Balancing paying debt and giving - Answer-2)Balancing provision and protection
Which of the following are components in the Disciple-Making Advisor model?i. Advisor Roleii.
Leadership Roleiii. Stewardship Roleiv. Counselor Role
1)i., ii, iii, and iv
2)i., ii, and iv only
3)i., iii and iv only
4)ii, iii, and iv only - Answer-2)i., ii, and iv only
Which of the following is not one question that everyone asks?
1)Will I ever have enough money?
2)Is my portfolio appropriately diversified?
, 3)How much is enough?
4)Will my portfolio be enough to last me? - Answer-2)Is my portfolio appropriately diversified?
What can happen when pastors and or ministry leaders speak on money in the church?
1)Sermons on money tend to bring more people to church services
2)Church budgets are usually fully funded immediately.
3)Sermons on money can create natural barriers between pastor and congregation
4)Funding missions usually becomes the top priority in the church - Answer-3)Sermons on money can
create natural barriers between pastor and congregation
Which of the following differentiate a biblical worldview for financial decisions over that of a secular
worldview?
1)A biblical worldview has an eternal perspective
2)A biblical worldview offers prescriptive advice
3)A biblical worldview answers the question "How?"
4)A biblical worldview can isolate independent financial decisions for clarity - Answer-1)A biblical
worldview has an eternal perspective
Which of the following is the first step in the Sequential Investing Hierarchy?
1)Diversify your assets to meet long-term goals
2)Create an emergency fund of 3-6 months
3)Save for major purchases
4)Eliminate all high interest and short-term debt - Answer-4)Eliminate all high interest and short-term
debt
All of the following characterize how money is portrayed in the church, except?
1)Guilt
