AFP-Exam-1試験無料問題集（120題）「CSI Applied Financial Planning Certification Exam 1 (AFP) 認定」

出題：1

A retiree receives income-tested benefits and needs occasional withdrawals for vacations and home repairs.
Which account is generally most efficient for withdrawals that do not increase taxable income?

A. Non-registered interest-bearing GIC.

B. TFSA.

C. RRSP.

D. RRIF.

正解：B 解答を投票する

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出題：2

In which life cycle stage would a financial planner identify his client to be if they have a high mortgage balance and an unstable or lower income, and are willing to take on investment risk because of their longer time horizon?

A. Financial independence.

B. Gifting.

C. Accumulation.

D. Consolidation.

正解：C 解答を投票する

出題：3

Jonathan owns a medium size consulting firm and earns an average annual income of $150,000. He is reviewing his retirement plan with his financial planner. Jonathan asked his planner about retirement compensation arrangement and how this may benefit him. What should his financial planner tell him?

A. It leaves RRSP contribution room unaffected and is exempt from regulatory limits.

B. It results in a pension adjustment and withdrawals are tax-exempt for the recipient.

C. It is exempt from regulatory limits and withdrawals are tax-exempt for the executive.

D. It reduces RRSP contribution room but is exempt from regulatory limits.

正解：A 解答を投票する

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出題：4

Samantha is meeting with a financial planner for the first time, seeking help with both investing and debt management. She's finding it hard to get ahead because she recently graduated with student debt, started a new career in her field, and is adding credit card debt each month. What recommendation should the financial planner propose?

A. Samantha should set up automatic RRSP payroll deductions.

B. Samantha should prioritize reducing her student loan debt.

C. Samantha should review her budget.

D. Samantha should eliminate her credit card and use her debit card for purchases.

正解：C 解答を投票する

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出題：5

Mark, a financial planner, is meeting his client Adam for the first time. From the conversation, Mark learned that Adam has some experience on trading stocks. Adam asked Mark to explain about efficient market theory that he overheard a colleague talking about a few days ago. How should Mark respond to Adam's question in simple terms?

A. Investors react differently to information.

B. Past mistakes can be avoided by using the information to anticipate change.

C. Market prices of stocks have no relation to past price behaviour.

D. Stock prices reflect all publicly-available information.

正解：D 解答を投票する

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出題：6

Sunil and Shashi are married and both age 45. Each is the personal care Power of Attorney (POA) for the other. They have no children. Shashi would like to revise the personal care POA to ensure that it reflects her medical wishes. How should their financial planner advise Shashi to help her achieve her goal?

A. Appoint someone other than Sunil as her POA for personal care.

B. Appoint an alternate POA for personal care.

C. Utilize her last will and testament.

D. Utilize a living will.

正解：D 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：7

Sheeba is a financial planner and meeting with Ivana, a new client. She explains that part of her process is to recommend products and services, but prior to doing so, she will closely investigate the options to ensure they match up with Ivana's goals. Which professional responsibility has Sheeba demonstrated to Ivana?

A. Professionalism.

B. Integrity.

C. Objectivity.

D. Diligence.

正解：D 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：8

Richard reviewed his divorce settlement from his partner Alex with his advisor Maria. He is deciding between providing a lump sum spousal support payment of $60,000 or making monthly payments. If Richard's income is $200,000 and Alex's income is $40,000, what should Maria advise Richard about the tax implications for both Richard and Alex in regard to the lump sum payment?

A. Richard will deduct half of the lump-sum support payment and pay taxes on the remaining $170,000 of income and Alex will claim the other half of the lump-sum support payment in addition to his earned Income of $40,000.

B. Richard will deduct the payment and pay taxes on the remaining $140,000 of income and Alex will pay taxes only on his earned income of $40,000.

C. Richard will deduct the payment and pay taxes on the remaining $140,000 of income, and Alex will pay taxes on the lump-sum payment of $60,000.

D. Richard will pay taxes on the entirety of the $200,000 and Alex will pay taxes only on his earned income of $40,000.

正解：D 解答を投票する

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出題：9

Wendy, age 60, has a holding company whose sole asset is a commercial property. The property appreciated considerably in value over the last 10 years, and she expects the property value will continue to grow. Wendy is concerned about the tax implications this may have when she dies and leaves the property to her children.
What strategy should Wendy's financial planner recommend to her?

A. Transfer the common shares of the company into joint name with her children.

B. Sell the property to her children below market value.

C. Conduct an estate freeze.

D. Gift common shares to her children and retain majority ownership.

正解：C 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

AFP-Exam-1試験無料問題集「CSI Applied Financial Planning Certification Exam 1 (AFP) 認定」