FiCEP 2000 Chapters 1-12 Exam | Questions with
100% Correct Answers | Verified | Latest Update
2026
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Terms in this set (79)
Myth: Counselors can provide Reality: It will take time to restore balance to
instant relief. members' finances.
Myth: Budgeting means denying Reality: Cutting back may be necessary, but not
oneself. everything needs to be sacrificed. A budget puts
the member in control.
Myth: Budgeting requires an Reality: It requires understanding where money
accounting background. goes and matching spending to priorities.
Myth: People in financial trouble Reality: Natural disasters, chronic medical
spend too much. conditions, divorce, and other life events can
severely affect a budget.
Myth: Everyone follows counselors' Reality: Habits are difficult to change, and
recommendations. members may not accept recommendation
Myth: The member will be as Reality: Some members may not be willing to make
dedicated to making the plan work the same commitment.
as the counselor.
, Myth: If a plan fails, it is the Reality: Lack of cooperation from family members
member's fault. and events beyond the member's control may
make it difficult or even impossible to follow the
plan.
Myth: If a plan fails, it means the Reality: Early failures may be the foundation for
member can never succeed. later success. The member may be learning how to
set a budget and follow a spending plan.
Myth: Counselors can help Reality: Some members may be in such dire
everyone. financial straits that standard measures are unlikely
to be effective. Others will refuse to follow
suggestions or a spending plan.
Myth: Everyone wants to pay off Reality: Some members are perfectly happy with
debt. manageable levels of debt.
Counseling Program Necessities 1. Confidentiality
2. Understanding
3. Multiple methods & subjects
4. Survey employees to gauge interest in topics
Program Necessity: Information sharing trust, restricting access, and
ensuring privacy.
Confidentiality
1. Hold Meetings off-site
Program Necessity: 2. Omit names when reporting
3. Securely store records
Achieving Confidentiality 4. Seek permission before accessing sensitive
information
5. Correspond by email if meetings aren't private
100% Correct Answers | Verified | Latest Update
2026
Save
Terms in this set (79)
Myth: Counselors can provide Reality: It will take time to restore balance to
instant relief. members' finances.
Myth: Budgeting means denying Reality: Cutting back may be necessary, but not
oneself. everything needs to be sacrificed. A budget puts
the member in control.
Myth: Budgeting requires an Reality: It requires understanding where money
accounting background. goes and matching spending to priorities.
Myth: People in financial trouble Reality: Natural disasters, chronic medical
spend too much. conditions, divorce, and other life events can
severely affect a budget.
Myth: Everyone follows counselors' Reality: Habits are difficult to change, and
recommendations. members may not accept recommendation
Myth: The member will be as Reality: Some members may not be willing to make
dedicated to making the plan work the same commitment.
as the counselor.
, Myth: If a plan fails, it is the Reality: Lack of cooperation from family members
member's fault. and events beyond the member's control may
make it difficult or even impossible to follow the
plan.
Myth: If a plan fails, it means the Reality: Early failures may be the foundation for
member can never succeed. later success. The member may be learning how to
set a budget and follow a spending plan.
Myth: Counselors can help Reality: Some members may be in such dire
everyone. financial straits that standard measures are unlikely
to be effective. Others will refuse to follow
suggestions or a spending plan.
Myth: Everyone wants to pay off Reality: Some members are perfectly happy with
debt. manageable levels of debt.
Counseling Program Necessities 1. Confidentiality
2. Understanding
3. Multiple methods & subjects
4. Survey employees to gauge interest in topics
Program Necessity: Information sharing trust, restricting access, and
ensuring privacy.
Confidentiality
1. Hold Meetings off-site
Program Necessity: 2. Omit names when reporting
3. Securely store records
Achieving Confidentiality 4. Seek permission before accessing sensitive
information
5. Correspond by email if meetings aren't private
