All of the following are permissible descriptions of a CFP® certificant’s compensation, EXCEPT
a. Fee only |
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b. Fee-based |
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c. Commission only |
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d. Fee and commission |
Ans b. Fee-based
All of the following are permissible descriptions of a CFP® certificant’s compensation, EXCEPT Fee-based. Permissible descriptions of a CFP® certificant’s compensation are Fee and commission.
All of the following are permissible descriptions of a CFP® certificant’s compensation, EXCEPT a. Fee only...
John, a CFP® professional, works for a firm requiring that any investment products offered to a client be proprietary products of the firm. Jack, his client, is 55 years old and has a moderate risk tolerance. John’s firm has an S&P500 index fund with a reasonable fee structure. John has discussed the fund’s performance and costs with Jack and they have agreed that 60% of his equity portfolio will be allocated to this index fund. Which of the following is...
“Required benefits” include all of the following except:_______ social security unemployment compensation health insurance workers compensation in case of on the job injury or accident
London dispersion forces are the only significant factor affecting boiling point for all the following except? a. CHF3 b. CH4 c. SO3 d. Ar e. Br2
Effective governance can only result if all of the following exist except: a Decision making and authority b. A strong infrastructure c. The governing body is comprised of high-quality members. d. Board members clearly understand the mission of the healthcare organization.
All of the following organizations affect the external auditing profession EXCEPT for A Public Company Oversight Board B All of the listed answers affect the profession C. Securities and Exchange Commission D. Center for Audit Quality E International Operations Assurance Board
All of the following statements concerning virus taxonomy are true except: A. Currently there are only 3 orders of viruses B. Virus family names are sometimes derived from the name of an important virus within the family C. Families are the highest taxonomic group used for viruses D. Staining is used as a means of classification for viruses
All of the following are true of enzymes except: a. they are not consumed in the reaction they catalyze b. they are only used in synthesis reactions c. they are specific for the reaction they catalyze d. they increase the rate at which a chemical reaction occurs
Which of the following are required elements of the engagement letter? (1) Terms of propriety products, if presented (2) Compensation received by the CFP8 certificant (3) Any activity of other professionals consulted by the CFP certificant (4) Duties of the CFPS certificant and the client during all steps of the financial planning process a. (4) only b. (1) and (3) only c. (2). (3), and (4) d. (1). (2). (3), and (4)
15) Weakness of the high-low method include all of the following EXCEPT: a) only two observations are used to develop the cost function. b) the high and low activity levels may not be representative. c) the method does not detect if the cost behavior is nonlinear. d) the method is relatively complex and difficult to apply. Answer: _(3 points)
1. All of the following are characteristics of the standard deviation except? A. The lower the standard deviation, the more similar the observations in the dataset. B. Is a measure of the spread of a dataset C. Is robust to outliers D. Is always positive E. Is the square root of the sample variance 2. Two events are mutually exclusive if A. They are not independent B. Their union equals zero C. ...