CEPA (Certified Exit Planning Advisor) Exam Prep
2025 Questions With 100% Correct Answers!!!
It's important to not just tell an a. What is the strength of your intangible capital?
owner the right answer, but to b. What is your biggest pain point and biggest desire?
ask them the right question. c. What deal structure are you looking for when selling?
What are examples of the "right
question" to ask a business
owner client?
Complete the following quote: Preparation
"Luck is ___ meeting
opportunity."
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 Structural
4Cs) include Human, , Social,
and Customer
Four intangible capitals (The Social
4Cs) include Human, Structural,
________________, and
Customer
Four intangible capitals (The 4Cs) Customer
include Human, Structural, Social,
and _ _ _ _ _ _ _ _
Business is personal for most True
owners (T/F)
Exit planning is a strategic True
business tool
used to focus the company on
, maximizing business value (T/F)
The Baby Boomer generation True
doesn't needs to be thinking
about exit planning (T/F)
The Value Acceleration True
Methodology
provides a structure to the exit
planning process (T/F)
A successful exit strategy balances Three
the "____ Legs of the Stool."
What is one of the main causes Lack of Personal Planning
of "sellers' cold feet" during the
sale of a business?
What is the first stage in the Identify
"Five Stages of Value
Maturity?"
What is the second stage in the Protect
"Five Stages of Value
Maturity?"
What is the third stage in the Build
"Five Stages of Value
Maturity?"
What is the fourth stage in the Harvest
"Five Stages of Value
Maturity?"
What is the fifth/final stage in Manage
the "Five Stages of Value
Maturity?"
When ranking a business's Forced to not chose average
intangible
capitals, what is the main
purpose of using the common
sense scoring of 1 - 6
2025 Questions With 100% Correct Answers!!!
It's important to not just tell an a. What is the strength of your intangible capital?
owner the right answer, but to b. What is your biggest pain point and biggest desire?
ask them the right question. c. What deal structure are you looking for when selling?
What are examples of the "right
question" to ask a business
owner client?
Complete the following quote: Preparation
"Luck is ___ meeting
opportunity."
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 Structural
4Cs) include Human, , Social,
and Customer
Four intangible capitals (The Social
4Cs) include Human, Structural,
________________, and
Customer
Four intangible capitals (The 4Cs) Customer
include Human, Structural, Social,
and _ _ _ _ _ _ _ _
Business is personal for most True
owners (T/F)
Exit planning is a strategic True
business tool
used to focus the company on
, maximizing business value (T/F)
The Baby Boomer generation True
doesn't needs to be thinking
about exit planning (T/F)
The Value Acceleration True
Methodology
provides a structure to the exit
planning process (T/F)
A successful exit strategy balances Three
the "____ Legs of the Stool."
What is one of the main causes Lack of Personal Planning
of "sellers' cold feet" during the
sale of a business?
What is the first stage in the Identify
"Five Stages of Value
Maturity?"
What is the second stage in the Protect
"Five Stages of Value
Maturity?"
What is the third stage in the Build
"Five Stages of Value
Maturity?"
What is the fourth stage in the Harvest
"Five Stages of Value
Maturity?"
What is the fifth/final stage in Manage
the "Five Stages of Value
Maturity?"
When ranking a business's Forced to not chose average
intangible
capitals, what is the main
purpose of using the common
sense scoring of 1 - 6
