CSI AFP-Exam-1 : Applied Financial Planning Certification Exam 1 (AFP)

Our braindumps (AFP-Exam-1 - Applied Financial Planning Certification Exam 1 (AFP)) are very good:

As for our braindumps we provide you three types to choose. The AFP-Exam-1 PDF type is available for reading and printing. You can print more and practice many times. Also you can share with your friends and compete with them. The AFP-Exam-1 Software type can be downloaded in all electronics and is more inactive and interesting when you are learning. Also the software has memory function that it can pick out mistakes you make and it will require you practice many times. The AFP-Exam-1 On-Line type is the updated one based on soft type. Except of the advantages on soft type it has more functions and it makes you study while you are playing.

Our company BraindumpStudy is powerful:

BraindumpStudy was built by several elite managers from different international IT companies since 2009. These people want to help more ambitious men achieve their elite dream. Our managers can get exam news always from their old friends who are working at kinds of internal company. So AFP-Exam-1 is latest and valid. Our IT management will update every day.

If you have problem on this exam AFP-Exam-1 choosing us may be your best choice. Our pass rate is high to 98.9% and the similarity percentage between our AFP-Exam-1 study guide and real exam is 90% based on our seven-year educating experience.

Our service is the best:

1: As we mentioned we guarantee AFP-Exam-1 100% pass. Once you fail the exam you send us the unqualified score scanned and we will full refund you. No help, No pay!
2: Our service time is 7*24 hours. If you have any problem about AFP-Exam-1 please email to us we will reply you in two hours.
3: Some people are afraid that their privacy will be unsafe and buying AFP-Exam-1 study guide is known by others. About security we are very careful and build an official process to handle your information. It is very safe.
4: For our regular AFP-Exam-1 customer we will give discount if you want to buy other study guide. Also we will send you holidays coupon if you want. Other service details please ask us.

Don't hesitate again. We have good products and service. Passing AFP-Exam-1 is a piece of cake with our study guide. Don't waste your time. Come on! Success is waiting for you!

Instant Download: Upon successful payment, Our systems will automatically send the product you have purchased to your mailbox by email. (If not received within 12 hours, please contact us. Note: don't forget to check your spam.)

CSI AFP-Exam-1 Exam Syllabus Topics:

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

Question #1
Demario, age 29, has started his own professional practice. He is single, has a mortgage, and his future earning power is his largest asset. Which insurance should receive priority?

A. Whole life insurance for estate equalization.
B. Disability insurance.
C. Travel medical insurance only.
D. Joint last-to-die life insurance.

Question #2
Keitaro wants his spouse to receive income from his assets for life after his death, but wants the remaining capital to pass to his children from a prior marriage after the spouse dies. Which strategy best fits this objective?

A. Adding the children as joint owners on all assets immediately.
B. Testamentary spousal trust naming the children as capital beneficiaries.
C. Naming the estate as beneficiary of every account without trust provisions.
D. Outright gift of all assets to the spouse.

Question #3
Carla, a financial planner, is meeting with a long-standing client, Jonathan. Jonathan informs Carla that he is upset and disappointed with the negative returns experienced with his investment portfolio. After acknowledging Jonathan's concerns, what should Carla's first step be in addressing his complaint?

A. Remind Jonathan that investing is a long-term process and losses will likely be recovered.
B. Remind Jonathan about the risks associated with investing, as well as the possible volatility and impact on investment returns.
C. Offer alternative investment options in line with Jonathan's risk tolerance.
D. Revisit Jonathan's goals, objectives and risk tolerance with him.

Question #4
Alexander and Irena, age 30 and 32 respectively, are married and have been working full-time for one year.
They have a daughter, age 3, and are expecting their second child. They recently bought a home with a mortgage balance of $390,000 at 4% amortized over 25 years. Their financial planner is trying to determine their tolerance for risk. After completing the life-cycle analysis, how can their financial planner explain the stage in which the couple finds themselves and the risk tolerance associated with it?

A. They are at the consolidation stage where they can tolerate moderate to high level of risk.
B. They are at the gifting stage where their tolerance of risk is low.
C. They are at the accumulation stage where they can tolerate a high level of risk.
D. They are at the financial independence stage where their tolerance of risk is low.

Question #5
A higher-income spouse contributes to a spousal RRSP for the lower-income spouse. The lower-income spouse withdraws the contribution amount the following year. What should the planner warn them about?

A. The contribution permanently eliminates all future spousal RRSP room.
B. The withdrawal is always tax-free.
C. The withdrawal may attribute back to the contributing spouse.
D. The withdrawal must be taxed as capital gains.

Solutions: