CEPA (Certified Exit Planning Advisor) Exam
Prep 2025 Questions With 100% Correct
Answers!!!
What survey indicated that 99% of business owners at
least in some way agreed that "having a transition
strategy is important for my future and the future of my
business?" - .....ANSWER ...✔✔ State of Owner
Readiness
It's important to not just tell an owner the right answer,
but to ask them the right question. What are examples
of the "right question" to ask a business owner client? -
.....ANSWER ...✔✔ a. What is the strength of your
intangible capital?
b. What is your biggest pain point and biggest desire?
c. What deal structure are you looking for when selling?
Complete the following quote: "Luck is ___ meeting
opportunity." - .....ANSWER ...✔✔ Preparation
, 2|Page
Four intangible capitals (The 4Cs) include Human,
Structural, Social, and Customer (True/False) -
.....ANSWER ...✔✔ True
Four intangible capitals (The 4Cs) include _ _ _ _ _,
Structural, Social, and Customer - .....ANSWER ...✔✔
Human
Four intangible capitals (The 4Cs) include Human, _ _ _
_ _ _ _ _ _ _, Social, and Customer - .....ANSWER
...✔✔ Structural
Four intangible capitals (The 4Cs) include Human,
Structural, _ _ _ _ _ _, and Customer - .....ANSWER
...✔✔ Social
Four intangible capitals (The 4Cs) include Human,
Structural, Social, and _ _ _ _ _ _ _ _ - .....ANSWER
...✔✔ Customer
Business is personal for most owners (T/F) - .....ANSWER
...✔✔ True