CSI AFP-Exam-1

Today, CSI AFP-Exam-1 certification exam enjoyed by many people and it can measure your ability. With the certificate of CSI certified engineers, you will have a better job and a better future.

Passing the CSI AFP-Exam-1 exam has never been faster or easier, now with DumpCollection AFP-Exam-1 questions and answers, you absolutely can pass your exam on the first try.

DumpCollection is a good website that provides you with high quality and great value IT certification exam materials. Our exam dumps are written by IT experts who devoting themselves to providing candidates with the best and latest questions and answers on the basis for the real exam. 99.9% of hit rate absolutely can help you pass AFP-Exam-1 exam.

If you don't know how to start preparing for CSI AFP-Exam-1 exam, DumpCollection will be your study guide. The excellent PDF version & Software version exam materials cover all the key points required in the exam. You just take 20-30 hours to learn it.

DumpCollection will provide our customers with one year free update. Once the exam materials updated, we will prompt update these exam questions and answers and automatically send the latest version to your mailbox. If you fail in the exam, you just need to send the scanning copy of your examination report card to us and we will give you FULL REFUND.

Before you choose DumpCollection, you can download our free demo which includes a part of questions and answers about CSI AFP-Exam-1 exam. With the help of our CSI AFP-Exam-1 exam dumps, you will pass your exam with ease. DumpCollection will be your best choice.

Simple operation: just two steps to complete your order. After you make your payment, we will immediately send the product to your mailbox. Download the attachment and you will get your product.

Online AFP-Exam-1 Test Engine supports Windows / Mac / Android / iOS, etc., because it is the software based on WEB browser.

CSI Applied Financial Planning Certification Exam 1 (AFP) Sample Questions:

1. Rosa has just learned that her daughter Marissa, age 23, does not intend to return to university. She has been saving for her daughter's education since Marissa was 10 and is concerned there will be a significant tax liability. How should Rosa's financial planner advise her to utilize the funds when she redeems the RESP in order to offset the tax liability?

A) Deposit the growth into her own RRSP.
B) Deposit the full balance into her daughter's RRSP.
C) Deposit the full balance into her own RRSP.
D) Deposit the growth into her daughter's RRSP.

2. A client's portfolio target is 50% equities and 50% fixed income. After a strong equity market, the portfolio is now 68% equities. The client's circumstances and objectives have not changed. What should the planner recommend?

A) Move all investments to cash.
B) Stop reviewing the portfolio until retirement.
C) Rebalance toward the target allocation.
D) Increase equities because recent performance confirms the trend.

3. Dianna is visiting with Karen, her Financial Planner, and is excited to report that she has just bought her dream home. She has also let Karen know she Is meeting with an insurance representative to purchase a whole life insurance to cover her 20-year mortgage. Why might Karen suggest Dianna consider term life insurance instead?

A) The term policy has a cash value, which can be borrowed against.
B) The cost of premiums is lower than whole life.
C) It is better suited for long term insurance needs.
D) The client's health may deteriorate as she gets older.

4. During implementation, a client agrees to update her will, purchase disability insurance, and increase RRSP contributions. Which statement best describes the planner's role?

A) Clarify responsibilities, timelines, and any required referrals or product steps.
B) Complete the will without involving a lawyer.
C) Focus only on the RRSP contribution because it creates an investment transaction.
D) Assume the client will implement everything without follow-up.

5. Owen and Lina are looking to purchase a home in the next few months. Owen is the primary income earner for the family. His credit history is weak with several recently paid collections Lina has a perfect credit record but limited income and irregular employment. What will their financial planner advise them about the impact their credit ratings will have on their ability to secure a mortgage?

A) The primary income earner must have a minimum credit score to qualify
B) Lina's strong credit rating will make up for Owen's credit history
C) Since Owen's collections are paid, they would be able to qualify
D) Lina's low income will prevent them from qualifying

Solutions: