CEPA (Certified Exit Planning Advisor) Exam Prep
Questions & Answers Test QUESTIONS AND
VERIFIED SOLUTIONS |2026| ELABORATED
&DETAILED ANSWERS!!
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Terms in this set (57)
What survey indicated that 99% of State of Owner Readiness
business owners at least in some way
agreed that "having a transition
strategy is important for my future
and the future of my business?"
It's important to not just tell an owner a. What is the strength of your intangible capital?
the right answer, but to ask them the b. What is your biggest pain point and biggest
right question. What are examples of desire?
the "right question" to ask a business c. What deal structure are you looking for when
owner client? selling?
Complete the following quote: "Luck Preparation
is ___ meeting opportunity."
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, 6/13/26, 8:28 AM CEPA (Certified Exit Planning Advisor) Exam Prep Questions & Answers Test QUESTIONS AND VERIFIED SOLUTIONS |2026| EL…
Four intangible capitals (The 4Cs) True
include Human, Structural, Social,
and Customer (True/False)
Four intangible capitals (The 4Cs) Human
include _ _ _ _ _, Structural, Social, and
Customer
Four intangible capitals (The 4Cs) Structural
include Human, _ _ _ _ _ _ _ _ _ _, Social,
and Customer
Four intangible capitals (The 4Cs) Social
include Human, Structural, _ _ _ _ _ _,
and Customer
Four intangible capitals (The 4Cs) Customer
include Human, Structural, Social,
and _ _ _ _ _ _ _ _
Business is personal for most owners True
(T/F)
Exit planning is a strategic business True
tool used to focus the company on
maximizing business value (T/F)
The Baby Boomer generation doesn't True
needs to be thinking about exit
planning (T/F)
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