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FP 100T Week 1 WileyPLUS Weekly Exam//tutorfortune.com<br><br>Click on below link to buy<br>https://tutorfortune.com/products/fp-100t-week-1-wileyplus-weekly-exam<br><br>FP 100T Week 1 WileyPLUS Weekly Exam<br> <br><br>In this graded assignment, you are assessed on the content covered in this weeksu2019 readings, activities, and assignments. To help you prepare, it is recommended that you first complete this weeku2019s Learning Path and Self-Test Learning Activities prior to completing this exam.<br><br>Complete the Week 1 Exam covering this weeku2019s assigned readings:<br><br> <br><br>u201cCh. 1: The Financial Planning Processu201d<br> <br><br>u201cCh. 2: Financial Planning Tools: Personal Financial Statements and the Time Value of Moneyu201d<br> <br><br>Note: Work submitted in WileyPLUS does not count toward attendance. Be sure to post at least two times each week in the online classroom to avoid being auto-dropped from the course.<br><br> <br>Question 1<br><br><br>Your answer is correct.<br><br>Which of the following in NOT one of the recommended SMART guidelines for personal financial goals?<br><br>Specific<br><br>Realistic<br><br>Attainable<br><br>Manageable<br><br>Attainable<br><br>Manageable<br><br> <br>Question 2<br><br> <br><br>Your answer is correct.<br><br>Which of the following describes a financial advisor who is paid based on a percentage of products sold or purchased by clients?<br><br><br>Fee-based<br><br>Commission-only<br><br>Fee plus commission<br><br><br>Fee-only<br><br>Question 3<br><br><br>Your answer is correct.<br><br> <br><br>A comprehensive financial plan includes three steps: establishing a firm foundation, securing basic needs, and<br><br>building and protecting wealth.<br><br>setting long-term goals<br>monitoring progr<br>setting short-term goals.<br><br>Question 4<br><br>Your answer is correct.<br><br> <br><br>Which of the following would NOT be a major factor when choosing a personal financial planner?<br><br>Click on below link to buy<br>https://tutorfortune.com/products/fp-100t-week-1-wileyplus-weekly-exam<br><br>FP 100T Week 1 WileyPLUS Weekly Exam<br>
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FP 100T Week 1 WileyPLUS Weekly Exam//tutorfortune.com Click on below link to buy https://tutorfortune.com/products/fp-100t-week-1-wileyplus-weekly-exam F P 1 0 0 T We e k 1 Wi l e y P L U S We e k l y E x a m I n t h i s g r a d e d a s s i g n me n t , y o u a r e a s s e s s e d o n t h e c o n t e n t c o v e r e d i n t h i s w e e k s ’ r e a d i n g s , a c t i v i t i e s , a n d a s s i g n me n t s . T o h e l p y o u p r e p a r e , i t i s r e c o mme n d e d t h a t y o u fi r s t c o mp l e t e t h i s w e e k ’ s L e a r n i n g P a t h a n d S e l f - T e s t L e a r n i n g A c t i v i t i e s p r i o r t o c o mp l e t i n g t h i s e x a m. C o mp l e t e t h e We e k 1 E x a m c o v e r i n g t h i s w e e k ’ s a s s i g n e d r e a d i n g s : “ C h . 1 : T h e F i n a n c i a l P l a n n i n g P r o c e s s ” “ C h . 2 : F i n a n c i a l P l a n n i n g T o o l s : P e r s o n a l F i n a n c i a l S t a t e me n t s a n d t h e T i me V a l u e o f Mo n e y ” N o t e : Wo r k s u b mi t t e d i n Wi l e y P L U S d o e s n o t c o u n t t o w a r d a t t e n d a n c e . B e s u r e t o p o s t a t l e a s t t w o t i me s e a c h w e e k i n t h e o n l i n e c l a s s r o o m t o a v o i d b e i n g a u t o - d r o p p e d f r o m t h e c o u r s e .
Q u e s t i o n 1 Y o u r a n s w e r i s c o r r e c t . Wh i c h o f t h e f o l l o w i n g i n N O T o n e o f t h e r e c o mme n d e d S MA R T g u i d e l i n e s f o r p e r s o n a l fi n a n c i a l g o a l s ? S p e c i fi c R e a l i s t i c A t t a i n a b l e Ma n a g e a b l e A t t a i n a b l e Ma n a g e a b l e Q u e s t i o n 2 Y o u r a n s w e r i s c o r r e c t .
Wh i c h o f t h e f o l l o w i n g d e s c r i b e s a fi n a n c i a l a d v i s o r w h o i s p a i d b a s e d o n a p e r c e n t a g e o f p r o d u c t s s o l d o r p u r c h a s e d b y c l i e n t s ? F e e - b a s e d C o mmi s s i o n - o n l y F e e p l u s c o mmi s s i o n F e e - o n l y Q u e s t i o n 3 Y o u r a n s w e r i s c o r r e c t . A c o mp r e h e n s i v e fi n a n c i a l p l a n i n c l u d e s t h r e e s t e p s : e s t a b l i s h i n g a fi r m f o u n d a t i o n , s e c u r i n g b a s i c n e e d s , a n d b u i l d i n g a n d p r o t e c t i n g w e a l t h . s e t t i n g l o n g - t e r m g o a l s
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