Certified Divorce Financial Analyst (CDFA)
Handbook Exam Updated Actual Questions
and CORRECT Answers
IDFA - CORRECT ANSWER The Institute for Divorce Financial Analysts, the premier
national organization dedicated to the certification, education, and promotion of the use of
financial professionals in the divorce arena.
CDFA® - CORRECT ANSWER Certified Divorce Financial Analyst®, a designation
for financial professionals specializing in divorce financial planning, requiring successful
exam completion and good standing with relevant regulatory agencies.
Code of Ethics - CORRECT ANSWER Standards of honesty, integrity, competence,
objectivity, fairness, confidentiality, professionalism, scope, compliance, and support that
CDFA professionals must adhere to in conducting divorce-planning work.
Certification Exam - CORRECT ANSWER An exam certifying a candidate's
knowledge and skills in analyzing and providing expertise on the financial issues of divorce,
including eligibility requirements and ongoing certification requirements.
Cut Score - CORRECT ANSWER The passing point for the CDFA exam, determined
using the Modified Angoff method based on minimal standards for competent job
performance rather than relative candidate performance.
Continuing Education - CORRECT ANSWER Requirement for CDFA practitioners to
maintain technical competence, involving a minimum of 30 hours every 2 years, with a
certificate of completion for each credit hour submitted and reviewed by IDFA staff.
Disciplinary Rules - CORRECT ANSWER Rules and procedures for enforcing the
Code of Ethics, including grounds for disciplinary investigation, forms of discipline,
investigation process, reinstatement after discipline, and confidentiality of proceedings.
Handbook Exam Updated Actual Questions
and CORRECT Answers
IDFA - CORRECT ANSWER The Institute for Divorce Financial Analysts, the premier
national organization dedicated to the certification, education, and promotion of the use of
financial professionals in the divorce arena.
CDFA® - CORRECT ANSWER Certified Divorce Financial Analyst®, a designation
for financial professionals specializing in divorce financial planning, requiring successful
exam completion and good standing with relevant regulatory agencies.
Code of Ethics - CORRECT ANSWER Standards of honesty, integrity, competence,
objectivity, fairness, confidentiality, professionalism, scope, compliance, and support that
CDFA professionals must adhere to in conducting divorce-planning work.
Certification Exam - CORRECT ANSWER An exam certifying a candidate's
knowledge and skills in analyzing and providing expertise on the financial issues of divorce,
including eligibility requirements and ongoing certification requirements.
Cut Score - CORRECT ANSWER The passing point for the CDFA exam, determined
using the Modified Angoff method based on minimal standards for competent job
performance rather than relative candidate performance.
Continuing Education - CORRECT ANSWER Requirement for CDFA practitioners to
maintain technical competence, involving a minimum of 30 hours every 2 years, with a
certificate of completion for each credit hour submitted and reviewed by IDFA staff.
Disciplinary Rules - CORRECT ANSWER Rules and procedures for enforcing the
Code of Ethics, including grounds for disciplinary investigation, forms of discipline,
investigation process, reinstatement after discipline, and confidentiality of proceedings.
