Afc Certification Pre-Assessment Questions And Answers Pdf

A client cannot figure out how to best budget. She has done what her sister does, what her friend does, but still cannot find the motivation to learn their skills and implement them. What is a good strategy for this client to accomplish her goals? a. Utilize the client's strengths b. Utilize the counselor's strengths c. Do nothing and keep dreaming d. Create a very complex strategy {Ans: a. Utilize the client's strengths}Which of the following factors affects a credit score? a. The number of bank accounts recently opened. b. The number of new credit cards recently opened. c. The number of people authorized to use a credit card. d. The number of debit cards used each month. {Ans: The number of new credit cards recently opened.}If a client has a lower risk tolerance, which investments should they consider? a. Stocks and bitcoin b. Stocks and bonds c. Bonds and mutual funds d. Bonds and cryptocurrency {Ans: c. Bonds and mutual funds}A married couple would like to examine the potential of using their home equity to borrow funds in order to remodel their kitchen at a cost of $17,000. The couple purchased the home 3 years ago