FICEP 2024 SIXTH EDITION Exam Questions And Answers 2025/2026

FICEP 2024 SIXTH EDITION Exam Questions And Answers 2025/2026 What are the financial counseling myths? (10) (CHAPTER 1) - Correct Answer 1. Counselors can provide instant relief. 2. Budgeting means denying oneself. 3. Budgeting requires an accounting background. 4. People in financial trouble spend too much. 5. Everyone follows counselors' recommendations. 6. The member will be as dedicated to making the plan work as the counselor. 7. If a plan fails, it is the member's fault. 8. If a plan fails, it means the member can never succeed. 9. Counselors can help everyone. 10. Everyone wants to pay off debt. What are the program necessities for counseling credit union employees? (4) (CHAPTER 2) - Correct Answer 1. Confidentiality. (How do you achieve it?) 2. Understanding. 3. Multiple methods and subjects. 4. Survey employees.