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CKA Exam Questions and Verified Answers

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CKA Exam Questions and Verified Answers

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CKA Exam Questions and Verified Answers

Q: As you consider your life's vocation, you must determine all of the following, except?

ANS: 1) Acknowledge that faith makes our calling operative

2) Seek the answer to "Am I called?"

3) Know that conviction is the only way to overcome fear

**4) Would my vocation match my personality


Q:
All of the following elements must exist for a Biblical Financial Planning except:

ANS: 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


Q:
How many fundamental money management principles are there?

ANS: 5


Q:
Which of the following best describes the foundation of a biblical worldview of finance?

ANS: God owns it all


Q:
According to James 3:16, what is the cause of confusion and every evil thing:

ANS: Self-seeking and envy


Q:
What can happen when pastors and or ministry leaders speak on money in the church?

, Page | 2


ANS: Sermons on money can create natural barriers between pastor and
congregation


Q:
When following the fundamental money management principles, what is the outcome?

ANS: Confidence in financial decisions


Q:
Which of the following reasons can explain why financial professionals are in a very
influential position?

ANS: Financial decisions reveal the condition of the heart


Q:
Which of the following does not describe the current environment?

ANS: 1)About 20% of born again Christians have a biblical worldview

**2)Financial literacy is the same as financial planning

3)There exists confusion within the language used in the church related to money

4)The advertising world adds to the complexity and confusion


Q:
Which of the following is not one question that everyone asks?

ANS: 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?


Q:
Which of the following verses does not talk about contentment?

ANS: 1) Philippians 4:11-13

2) I Timothy 6:6

**3) Luke 12:24

4) Hebrews 13:5

, Page | 3


Q:
Which of the following are components in the Disciple-Making Advisor model?
i. Advisor Role
ii. Leadership Role
iii. Stewardship Role
iv. Counselor Role

ANS: i, ii, and iv


Q:
Which of the following is the first step in the Sequential Investing Hierarchy?

ANS: Eliminate all high interest and short-term debt


Q:
Which of the following characterize the world's messages in our culture?
i. I need to have enough to be secure
ii. I need to have enough to be successful
iii. I need to have enough to have be stress-free
iv. I need to have enough to have significance

ANS: i, ii, and iv


Q:
Which of the following differentiate a biblical worldview for financial decisions over that
of a secular worldview?

ANS: A biblical worldview has an eternal perspective


Q:
Which of the following best describes how the church tries to motivate people related to
money decisions?

ANS: Seeking to shame and guilt


Q:
All of the following characterize how money is portrayed in the church, except?

, Page | 4


ANS: 1) Guilt

2) Shame

**3) Regret

4) Fearful


Q:
Which of the following is not a use of money?

ANS: 1) Lifestyle

2) Savings or Growing

**3) Avoiding debt

4) Giving money away


Q:
Which of the following are current trends related to money?
i. Household wealth is growing dramatically but isolated in the hands of only a few
ii. Few over the age of 65 are financially independent
iii. Many people do not have wills
iv. Most evangelical Christians submit their tithe to their local church

ANS: i., ii, and iii


Q:
Those that manage their finances according to biblical wisdom and principles will
experience all the following except:

ANS: 1) Contentment under all economic conditions

2) Confidence in their financial decisions

**3) Eliminate catastrophe's in life

4) Better communication about money


Q:
Which of the following is true regarding questions?

ANS: It makes the one being asked the question to think about what they believe


Q:
Which of the following questions is everyone asking?
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