Free CFPS Basic Questions and Answers

Question 1

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

Accepted Answer

Photoelectric

Answer

Ionization

Answer

Video-based

Answer

Dielectrode Thermocouple

Question 2

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

Accepted Answer

Correct storage for shielding gases.

Answer

Cable sized adequately for overload currents

Answer

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

Answer

Flashback preventers on the fuel and oxygen supply systems

Question 3

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

Accepted Answer

Communicable diseases

Answer

Emergency medical services

Answer

live fire training

Answer

Emergency communications

Question 4

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

Accepted Answer

As built plan review

Answer

Preliminary building plan review

Answer

Final building plan review

Answer

Site plan review

Question 5

The primary mechanism by which carbon dioxide extinguishes fire is?

Accepted Answer

Smothering

Answer

Chemical inhibition

Answer

Cooling

Answer

Saponification

Question 6

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

Accepted Answer

Assisting the client identifying financial goals

Answer

Drafting a will for the client

Answer

Analyzing the client identifying status

Answer

Monitoring whether the client is complying with a plan after implementation

Question 7

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?

Accepted Answer

Long-term goals, such as investing  for retirement

Answer

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

Answer

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

Answer

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

Question 8

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.

Accepted Answer

Mr. Jocoby Jones, CFP®

Answer

Jacoby Jones, Certified Financial Planner®

Answer

Jacoby Jones CFP® Advisor

Answer

Mr. Jacoby Jones, C.F.P.®

Question 9

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?

Accepted Answer

Conservation/protection phase

Answer

Asset accumulation phase

Answer

Distribution/gifting phase

Answer

Preretirement phase

Question 10

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?

Accepted Answer

Conservation/protection phase

Answer

Gifting phase

Answer

Distribution phase

Answer

Asset accumulation phase