Free Fire Protection Specialist Practice Q&A

A client who has become more concerned about losing what she has than in accumulating more is most likely in which financial life cycle phase?

Asset accumulation phase

Distribution/gifting phase

Preretirement phase

Conservation/protection phase

Correct! Wrong!

Which of the following are primary reasons why a financial planner will ask for each family member's date of birth during the information gathering process?

To calculate Social Security "blackout periods" preretirement benefit amounts for qualifying individuals

To calculate insurance policy internal rates of return

To help determine retirement planning needs

To determine how future legislation will affect funding for children's education

Correct! Wrong!

Jacoby Jones recently passed his CFP® Examination and fulfilled all of the CFP Board certification criteria. Identify an approved display of his name on an updated business card.

Jacoby Jones, Certified Financial Planner®

Jacoby Jones CFP® Advisor

Mr. Jacoby Jones, C.F.P.®

Mr. Jocoby Jones, CFP®

Correct! Wrong!

Oxyfuel gas welding and cutting equipment should include the following auxiliary items:

Cable sized adequately for overload currents

Separation of combustibles to at least 35 ft. (10.6) away

Correct storage for shielding gases.

Flashback preventers on the fuel and oxygen supply systems

Correct! Wrong!

The primary mechanism by which carbon dioxide extinguishes fire is?

Chemical inhibition

Cooling

Saponification

Smothering

Correct! Wrong!

As a member of a financial adviser team, a financial planner's responsibilities for a client typically include which of the following?

Drafting a will for the client

Assisting the client identifying financial goals

Analyzing the client identifying status

Monitoring whether the client is complying with a plan after implementation

Correct! Wrong!

Which type of plan review may provide information about a modification such as the removal of an abandoned underground flammable liquid tank?

Preliminary building plan review

Final building plan review

As built plan review

Site plan review

Correct! Wrong!

Which type of smoke detector responds better to low energy (smoldering) fires?

Photoelectric

Ionization

Video-based

Dielectrode Thermocouple

Correct! Wrong!

Bertha, age 55, plans to retire in 10 years. Currently, her cash flow and net worth are steadily increasing as her debt is decreasing. Based on Bertha's current financial life cycle phase, which of the following goals is she is likely to have?

Long-term goals, such as investing for retirement

Short-term goals, such as protection and maintenance of current lifestyle

Short-term goals, such as saving for a down payment on a home

Long-term goals, such as estate planning and preservation of capital

Correct! Wrong!

OSHA requires fire fighter training in hazardous materials, respiratory protection, and?

Emergency medical services

live fire training

Communicable diseases

Emergency communications

Correct! Wrong!

A client is usually in what phase of the financial life cycle from approximately age 45 to 60 or immediately preceding the client's planned retirement date?

Gifting phase

Conservation/protection phase

Distribution phase

Asset accumulation phase

Correct! Wrong!

Free CFPS Basic Questions and Answers

A client who has become more concerned about losing what she has than in accumulating more is most likely in which financial life cycle phase?

Which of the following are primary reasons why a financial planner will ask for each family member's date of birth during the information gathering process?

Jacoby Jones recently passed his CFP® Examination and fulfilled all of the CFP Board certification criteria. Identify an approved display of his name on an updated business card.

Oxyfuel gas welding and cutting equipment should include the following auxiliary items:

The primary mechanism by which carbon dioxide extinguishes fire is?

As a member of a financial adviser team, a financial planner's responsibilities for a client typically include which of the following?

Which type of plan review may provide information about a modification such as the removal of an abandoned underground flammable liquid tank?

Which type of smoke detector responds better to low energy (smoldering) fires?

Bertha, age 55, plans to retire in 10 years. Currently, her cash flow and net worth are steadily increasing as her debt is decreasing. Based on Bertha's current financial life cycle phase, which of the following goals is she is likely to have?

OSHA requires fire fighter training in hazardous materials, respiratory protection, and?

A client is usually in what phase of the financial life cycle from approximately age 45 to 60 or immediately preceding the client's planned retirement date?

Free CFPS Application Process Questions and Answers

CFPS (Certified Fire Protection Specialist) Test

A client who has become more concerned about losing what she has than in accumulating more is most likely in which financial life cycle phase?

Which of the following are primary reasons why a financial planner will ask for each family member's date of birth during the information gathering process?

Jacoby Jones recently passed his CFP® Examination and fulfilled all of the CFP Board certification criteria. Identify an approved display of his name on an updated business card.

Oxyfuel gas welding and cutting equipment should include the following auxiliary items:

The primary mechanism by which carbon dioxide extinguishes fire is?

As a member of a financial adviser team, a financial planner's responsibilities for a client typically include which of the following?

Which type of plan review may provide information about a modification such as the removal of an abandoned underground flammable liquid tank?

Which type of smoke detector responds better to low energy (smoldering) fires?

Bertha, age 55, plans to retire in 10 years. Currently, her cash flow and net worth are steadily increasing as her debt is decreasing. Based on Bertha's current financial life cycle phase, which of the following goals is she is likely to have?

OSHA requires fire fighter training in hazardous materials, respiratory protection, and?

A client is usually in what phase of the financial life cycle from approximately age 45 to 60 or immediately preceding the client's planned retirement date?

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