CFP Exam Prep with Verified Solutions Graded A+

CFP Exam Prep with Verified Solutions Graded A+ Code of Ethics (Amy Always Expertly Aspires to Make Apples AAEAMA) - CORRECT ANSWER -Act with honesty, integrity, competence and diligence -Act in client’s best interests -Exercise due care -Avoid or disclose and manage conflicts of interest -Maintain confidentiality and privacy of client info -Act in a manner the reflects positively on CFP professional and CFP certification Duties owed to clients (Finally I Can Dirty Dance FICDD) - CORRECT ANSWER - Fiduciary -Integrity -Competence -Diligence -Disclose and Manage COI Duties owed to clients (Sally Puts Cold Cream on her Poontane SPCCP) - CORRECT ANSWER -Sound and Professional Judgement -Professionalism -Comply with the Law -Confidentiality and Privacy -Provide info to client Duties owed to Clients (Charlie Rail Road Stops on Red CRRSR) - CORRECT ANSWER -Communicating with a client -Representing compensation method -Recommending, engaging or working with additional persons -Selecting, recommending or using technology -Refrain from borrowing, lending or comingling funds Any time a client requires analysis, such as balance sheet, cash flow, financial ratios, the CFP professional is likely engaging in... - CORRECT ANSWER financial planning