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Personal Financial Services Advice (PFSA) ACTUAL QUESTIONS AND CORRECT ANSWERS

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Personal Financial Services Advice (PFSA) ACTUAL QUESTIONS AND CORRECT ANSWERS PFSA - CORRECT ANSWERSPersonal Financial Services Advice What is being studied? - CORRECT ANSWERSPersonal Finance What are the three main variables that influence the decisions individuals make? - CORRECT ANSWERSBeliefs, Values, Attitudes What are beliefs? - CORRECT ANSWERSIdeas that an individual believes (thinks) are true. Beliefs are formed by thinking and reflecting on ideas. What are values? - CORRECT ANSWERSRefers to one's code for how they live or what they consider important. Values are often passed down from family members and individual's cultural background. What are examples of values? - CORRECT ANSWERSHonesty, Integrity, Balancing family life with career, Being hardworking. Values stem from? - CORRECT ANSWERSBeliefs What are attitudes? - CORRECT ANSWERSStrongly held ideas that cause us to behave in a certain way Attitude stems from? - CORRECT ANSWERSBeliefs and Values. When our beliefs or values change, our attitudes are likely to change as well. Clients have 5 attitudes about money. What are they? - CORRECT ANSWERSViewed as security; symbol of love; power; freedom; symbol of personal values.

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Personal Financial Services Advice (PFSA)
ACTUAL QUESTIONS AND CORRECT
ANSWERS
PFSA - CORRECT ANSWERS✅✅Personal Financial Services Advice

What is being studied? - CORRECT ANSWERS✅✅Personal Finance

What are the three main variables that influence the decisions individuals make? -
CORRECT ANSWERS✅✅Beliefs, Values, Attitudes

What are beliefs? - CORRECT ANSWERS✅✅Ideas that an individual believes (thinks) are
true. Beliefs are formed by thinking and reflecting on ideas.

What are values? - CORRECT ANSWERS✅✅Refers to one's code for how they live or
what they consider important. Values are often passed down from family members and
individual's cultural background.

What are examples of values? - CORRECT ANSWERS✅✅Honesty, Integrity, Balancing
family life with career, Being hardworking.

Values stem from? - CORRECT ANSWERS✅✅Beliefs

What are attitudes? - CORRECT ANSWERS✅✅Strongly held ideas that cause us to behave
in a certain way

Attitude stems from? - CORRECT ANSWERS✅✅Beliefs and Values. When our beliefs or
values change, our attitudes are likely to change as well.

Clients have 5 attitudes about money. What are they? - CORRECT ANSWERS✅✅Viewed
as security; symbol of love; power; freedom; symbol of personal values.

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Uploaded on: November 15, 2025
Number of pages: 3
Written in: 2025/2026
Type: Exam (elaborations)
Contains: Questions & answers

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financial services
advice
pfsa
personal financial services advice pfsa actual

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Personal Financial Services Advice (PFSA) ACTUAL QUESTIONS AND CORRECT ANSWERS

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