Suitable for all people

Before we decide to develop the AFP-Exam-1 preparation questions, we have make a careful and through investigation to the customers. We have taken all your requirements into account. Firstly, the revision process is long if you prepare by yourself. So our AFP-Exam-1 practice materials have picked out all knowledge points for you, which helps you get rid of many problems. In addition, time is money in modern society. It is important achieve all things efficiently. So our AFP-Exam-1 study guide just needs less time input, which can suit all people's demands. In the meantime, all knowledge points of our AFP-Exam-1 preparation questions have been adapted and compiled carefully to ensure that you absolutely can understand it quickly.

Highly similar to the real exam

Now, our AFP-Exam-1 practice materials are become more and more professional. We can predicate almost half real exam questions every year. Although there are small adaptions to the questions of our AFP-Exam-1 study guide, the answers are still the same. So we strongly advise you to memorize our study materials carefully especially the difficult questions of our AFP-Exam-1 preparation questions. You must cultivate the good habit of reviewing the difficult parts, which directly influences your passing rate. What is more, our experts never stop researching the questions of the real AFP-Exam-1 exam. If you have time to know more about our study materials, you can compare our study materials with the annual real questions of the AFP-Exam-1 exam. In addition, we will try our best to improve our hit rates. You will not wait for long to witness our great progress. It is worth fighting for your promising future.

Cover all knowledge points

It is of great importance to consolidate all key knowledge points of the AFP-Exam-1 exam. It is difficult for you to summarize by yourself. It is a complicated and boring process. We will collect all relevant reference books of the AFP-Exam-1 exam written by famous authors from the official website. Then the whole research groups will pick out the knowledge points according to the test syllabus. Also, they will also compile some questions about the AFP-Exam-1 practice materials in terms of their experience. Now, we have successfully summarized all knowledge points in line with the AFP-Exam-1 outline. You can directly refer our study materials to prepare the exam. Once the newest test syllabus is issued by the official, our experts will quickly make a detailed summary about all knowledge points of the real AFP-Exam-1 exam in the shortest time. All in all, our AFP-Exam-1 study guide will help you grasp all knowledge points.

No matter how busy you are, you must reserve some time to study. As we all know, knowledge is wealth. If you have a strong competitiveness in the society, no one can ignore you. Then here comes the good news that our AFP-Exam-1 practice materials are suitable for you. Our study materials are full of useful knowledge, which can meet your requirements of improvement. Also, it just takes about twenty to thirty hours for you to do exercises of the AFP-Exam-1 study guide. The learning time is short but efficient. You will elevate your ability in the shortest time with the help of our AFP-Exam-1 preparation questions.

CSI AFP-Exam-1 Exam Syllabus Topics:

CSI Applied Financial Planning Certification Exam 1 (AFP) Sample Questions:

Question 1

A client completed a financial plan two years ago. Since then, she has divorced, changed jobs, and purchased a new home. What is the planner's most appropriate recommendation?

A. Conduct a comprehensive review of goals, cash flow, insurance, tax, retirement, and estate planning.
B. Update the file only if the client requests new products.
C. Wait until the original five-year review date.
D. Review only the investment portfolio because the plan already exists.

Question 2

Camila's firm recently issued their client, Shawn, an investment management fee summary on his non- registered investment portfolio for $5,000 in carrying charges. Shawn's federal tax rate is 29% and his provincial tax rate is 15%. What will be Shawn's tax savings on this investment management fee?

A. $750.
B. $2,200.
C. $1,450.
D. $0.

Question 3

A client's portfolio target is 50% equities and 50% fixed income. After a strong equity market, the portfolio is now 68% equities. The client's circumstances and objectives have not changed. What should the planner recommend?

A. Rebalance toward the target allocation.
B. Move all investments to cash.
C. Stop reviewing the portfolio until retirement.
D. Increase equities because recent performance confirms the trend.

Question 4

A high-income parent gives $80,000 to a 12-year-old child to invest in a non-registered bond fund. The parent expects the child to report the annual interest income. What rule should the planner identify?

A. The income is always taxed to the child because the account is in the child's name.
B. The child must contribute the amount to an RRSP.
C. Attribution rules apply only when property is transferred to a spouse.
D. Attribution rules may tax the interest income back to the parent.

Question 5

A client borrows $100,000 to invest in a non-registered portfolio expected to generate interest and dividend income. What tax principle is most relevant?

A. Interest deductibility applies only to TFSA contributions.
B. The investment income becomes tax-free because leverage is used.
C. Loan interest is never deductible for individuals.
D. Interest on borrowed money may be deductible when the funds are used to earn income from property.

Solutions: