Free CLFP Continuing Education Questions and Answers

It ensures that professionals stay updated on industry trends, regulations, and best practices.

It allows professionals to skip the CLFP recertification exam.

It automatically increases the salary of a CLFP.

It is required by federal law for all finance professionals.

Correct! Wrong!

Every year.

Every three years.

Every five years.

Every ten years.

Correct! Wrong!

Watching finance-related movies.

Participating in industry conferences and seminars.

Personal tax preparation.

Writing articles for entertainment magazines.

Correct! Wrong!

The CLFP designation is revoked, and the individual must retake the certification exam.

The individual is fined by the CLFP Foundation.

The individual is given a one-year grace period to complete the education requirements.

The individual is placed on a suspension list but retains their designation.

Correct! Wrong!

The Federal Reserve.

The CLFP Foundation.

The Securities and Exchange Commission (SEC).

The American Finance Association.

Correct! Wrong!

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