Reference no: EM132930601

Problem 1: The CFP Board's Rule of Conduct related to step one of the financial planning process

a. Addresses the need to explain the financial planning process

b. Requires disclosure as to how the planner is compensation

c. Terms for offering proprietary products or involving third-party providers.

d. All of the above.

Problem 2: Once the client makes the effort to seek out a planner, thus demonstrating help-seeking behavior, their work

a. Is essentially done, the rest is up to the planner.

b. Is in collaboration with the planner who is working to keep the relationship on track and moving toward the ultimate goal of implementing recommendations specific to the client's goals.

c. Is just beginning as there will be many opportunities to guide the planner to the objectives of highest importance to the client.

d. Becomes that of vigilance to assure the planner keeps their commitments and continuously strives toward the goals of the client.

Problem 3: There are tax advantaged accounts that can be used to augment, or even pay for, insurance in certain situations. Examples of these are:

a. MSA, FSA, HAS

b. FSA, HAS, HDHP

c. HDHP, FSA, PPACA

d. PPO, POS, FSA