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CKA TEST QUESTIONS AND CORRECT ANSWERS.

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CKA TEST QUESTIONS AND CORRECT ANSWERS.

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CKA TEST QUESTIONS AND CORRECT
ANSWERS.
Ron believes that you should not teach your children about credit cards, given that credit
cards open them to temptation and materialism.
True False

False

All debt repayment is done with after-tax dollars.
True False

True

Which of the following is NOT an attribute of a Biblical approach to financial decision-
making:
Is holistic in nature Begins with a biblical worldview Fully integrated in its application Is
limited in nature

Is limited in nature

Nehemiah cared about the broken wall in Jerusalem because he served the king and that
part of the kingdom was in disgrace.
True False

False

Dr. David Jeremiah defines contentment as, "looking back without regret, looking at the
present without envy and looking at the future without fear."
True False

True

Which of the following is NOT one of the roles of the Christian financial advisor that
Kingdom Advisors addresses:
Technician Counselor Advisor Leader

Technician

,According to Ron Blue, banks should be perceived as the source of all financial wisdom.
True False

False

Good financial advice always has its roots in:
Wall Street The CFP® Board of Standards Biblical Wisdom A Book by Ron Blue

Biblical wisdom

According to George Barna, as income increases, giving increases.
True False

False

According to Ron Blue, God's "Big Idea" is that He wants me to be:
Satisfied Fulfilled Content Debt-free

Content

Every financial decision made will have at its roots a worldly value or conviction.
True False

False

The Pie Diagram and the Sequential Investing Diagram evidence which characteristics of
biblical financial planning?
Integrated Holistic Biblically based All of the above

All of the above

Which of the following are NOT among the personal and professional advisor needs that
Kingdom Advisors addresses:
Knowledge Compensation Know - how Purpose

Compensation

God's strategy for reaching the world with the message of biblical financial wisdom will
begin with people - with obedient disciples of Christ.
True False

, True

Which of the following are not outcomes of managing financial life according to biblical
principles?
Contentment Cost Savings Confidence Communication

Cost Savings

One of the three fundamental questions that must be asked includes, "Is the next heir
chosen and prepared?"
True False

False

There are eight short-term uses of money.
True False

False

Which of the following are part of the three fundamental questions? Who owns it? What
are the finish lines? Is the next steward chosen and prepared? All of the above

All of the above

Four Processes or Skills to be Mastered include? Decision Making goal Setting Cash Flow
Management Weatlh Transfer All of Above

All of above

three questions everyone is asking? Who much is enough? Will I ever have enough? Will it
continue to be enough? All of above

All of above

What are the 5 short-term uses of money? Giving Taxes Debt Repayment Saving &
investing Lifestyle spending All of Above

All of above

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