ce quiz NOV. 12
FROM “THE DREADED QUESTION,” PAGE 89:
1. With life insurance policies that have accelerated-benefits riders, heirs receive ________ if the insured dies
without ever needing long-term care.
1. partial payout
2. full payout
3. zero payout
4. full reimbursement of all premiums
FROM “OVER THERE!” PAGE 95:
2. According to the Social Security Administration,
roughly how many Americans receiving Social Security
live in foreign countries?
1. 530,000
2. 350,000
3. 330,000
4. 300,000
3. The IRS allows an exclusion of up to ___________ for
American working abroad.
1. $195, 100
2. $55, 100
3. $59, 100
4. $95, 100
FROM “UNAPPEALING AL TERNA TIVES,” PAGE 105:
4. Assets in alternative mutual funds and ETFs soared
from roughly ________ in 2007 to ________ in April 2012.
1. $20 billion, $80 billion
2. $80 billion, $200 billion
3. $80 billion, $280 billion
4. $200 billion, $580 billion
5. Morningstar classifies funds that use multiple strategies as ____________________.
1. multi-strategy hedge funds
2. alternative funds
3. nontraditional strategies
4. multi-alternative funds
6. Compared with the Barclays Aggregate Bond Index,
which returned 6.63% annually over the past five-year period, the nontraditional bonds category
returned _______.
1. 3.63%
2. 1.66%
3. 3.66%
4. 6.33%
FROM “THINKING GLOBALLY,” PAGE 109:
7. Which asset class was the best performer during the
10 years from 2002 to 2011, and what was the average
annual return?
1. U.S. stocks, 5.95%
2. Non-U.S. stocks, 6.95%
3. Non-U.S. bonds, 6.59%
4. U.S. bonds, 5.59%
FROM “EMERGING OPPORTUNITIES,” PAGE 113:
8. Half of the T. Rowe Price Africa & Middle East Fund
assets are invested in Saudi Arabia.
TRUE
FALSE
9. Africa’s GDP grew at an annual clip of ________ over the
last decade, according to the African Development Bank.
1. 8%
2. 5%
3. 15%
4. 20%
FROM “STRENGTH ACROSS THE BOARD,” PAGE 115:
10. Health care stock funds gained ________ on average in
the third quarter of 2012, besting all other sector funds
with the exception of _________________.
1. 5.41%, semi-precious metals
2. 5.14%, real estate
3. 4.51%, precious metals
4. 4.15%, Japanese equities
Financial Planning offers its continuing education quiz exclusively online at financial-planning.com/ce_quiz/. To earn
one hour of continuing education credit with the CFP Board of Standards, please visit our website and answer the questions above. You must get eight out of 10 questions correct to pass. Credit will count under CFP Board subject A: financial
planning process/general principles. Deadline for participation is Feb. 22, 2013.
The Investment Management Consultants Association has preapproved this CE quiz for CIMA®, CIMC® and CPWASM non-IMCA-sponsored continuing education credit. A maximum of 10 hours of CE credit per two-year license renewal period
earned from industry publications is allowed. Participants must get eight out of 10 questions correct to pass.
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