CEPA EXAM PREP & CE - CERTIFIED EXIT PLANNING ADVISOR
|COMPLETE QUESTIONS WITH 100% RATED EXPERT SOLUTIONS
|2026 LATEST UPDATED
What percentage of privately held businesses that are offered for sale each year
ultimately do not sell?
A) 20%
B) 40%
C) 50%
D) 80% - (answer)D) 80%
According to the Family Firm Institute, what percentage of family transitions
survive into the second generation?
A) 20%
B) 30%
C) 50%
D) 70% - (answer)B) 30%
,According to EPI's first national State of Owner Readiness Survey, what
percentage of business owners have done no exit planning
at all?
A) 99%
B) 40%
C) 83%
D) 49% - (answer)D) 49%
Which of the following is not one of the five Ds?
A) Distress
B) Decide
C) Divorce
D) Death - (answer)B) Decide
Business owners are leaving dollars on the table because they are not focusing on
what?
A) Family unity
,B) Sales and income
C) Enterprise value
D) Creating an Exit Plan - (answer)C) Enterprise value
The Advisor of the Future needs to get owners and advisors to make several
paradigm shifts for exit planning and value acceleration
to work to the benefit of owners and their families. What is the first paradigm shift
that needs to be made?
A) Focus on enterprise value
B) Adopt a process and work from a common framework
C) Exit planning is good business strategy
D) All of the above - (answer)C) Exit planning is good business strategy
The Value Acceleration Methodology™ is based on a management philosophy
called what?
A) Cognitive theory
B) Master planning
, C) Business enterprise
D) Business canvas - (answer)B) Master planning
Which of the following is not a gate in the Value Acceleration Methodology?
A) Prepare
B) Plan
C) Discover
D) Decide - (answer)B) Plan
Which of the following is a benefit of focusing on value?
A) Very predictable results
B) Gets employees thinking like owners
C) Mitigates risk
D) All of the above - (answer)D) All of the above
|COMPLETE QUESTIONS WITH 100% RATED EXPERT SOLUTIONS
|2026 LATEST UPDATED
What percentage of privately held businesses that are offered for sale each year
ultimately do not sell?
A) 20%
B) 40%
C) 50%
D) 80% - (answer)D) 80%
According to the Family Firm Institute, what percentage of family transitions
survive into the second generation?
A) 20%
B) 30%
C) 50%
D) 70% - (answer)B) 30%
,According to EPI's first national State of Owner Readiness Survey, what
percentage of business owners have done no exit planning
at all?
A) 99%
B) 40%
C) 83%
D) 49% - (answer)D) 49%
Which of the following is not one of the five Ds?
A) Distress
B) Decide
C) Divorce
D) Death - (answer)B) Decide
Business owners are leaving dollars on the table because they are not focusing on
what?
A) Family unity
,B) Sales and income
C) Enterprise value
D) Creating an Exit Plan - (answer)C) Enterprise value
The Advisor of the Future needs to get owners and advisors to make several
paradigm shifts for exit planning and value acceleration
to work to the benefit of owners and their families. What is the first paradigm shift
that needs to be made?
A) Focus on enterprise value
B) Adopt a process and work from a common framework
C) Exit planning is good business strategy
D) All of the above - (answer)C) Exit planning is good business strategy
The Value Acceleration Methodology™ is based on a management philosophy
called what?
A) Cognitive theory
B) Master planning
, C) Business enterprise
D) Business canvas - (answer)B) Master planning
Which of the following is not a gate in the Value Acceleration Methodology?
A) Prepare
B) Plan
C) Discover
D) Decide - (answer)B) Plan
Which of the following is a benefit of focusing on value?
A) Very predictable results
B) Gets employees thinking like owners
C) Mitigates risk
D) All of the above - (answer)D) All of the above
