CSI AFP-Exam-1 : Applied Financial Planning Certification Exam 1 (AFP)

Pass AFP-Exam-1 Exam Cram

Exam Code: AFP-Exam-1

Exam Name: Applied Financial Planning Certification Exam 1 (AFP)

Updated: Oct 20, 2026

Q & A: 120 Questions and Answers

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CSI AFP-Exam-1 Exam Overview:
Certification Vendor:Canadian Securities Institute (CSI)
Exam Name:CSI Applied Financial Planning Certification Exam 1 (AFP)
Exam Number:AFP-Exam-1
Available Languages:French, English
Exam Format:Multiple choice, Case-based questions
Recommended Training:CSI Learning Resources
Exam Registration:CSI Official Registration Portal
Sample Questions:Free Download Pass AFP-Exam-1 Exam Cram
Exam Way:Computer-based proctored exam (online or authorized test centre)
Pre Condition:Enrollment in the CSI Applied Financial Planning (AFP) program or equivalent eligibility as defined by CSI
Official Syllabus URL:https://www.csi.ca
CSI AFP-Exam-1 Exam Syllabus Topics:
SectionObjectives
Insurance and Risk Management- Life and health insurance fundamentals
- Risk mitigation strategies in financial planning
Financial Planning Foundations- Ethics and professional standards in financial advising
- Financial planning process and client relationship management
Investment Planning- Asset allocation and portfolio basics
- Investment products and risk-return profiles
Taxation Concepts- Personal income tax principles
- Tax-efficient investment strategies
Retirement Planning- Retirement savings vehicles and planning principles

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The vendor's blueprint for the CSI Applied Financial Planning Certification Exam 1 (AFP) has 5 domains, led by Retirement Planning, Financial Planning Foundations, Taxation Concepts. The weighting is a study plan in disguise — heavy domains deserve heavy hours. You'll find every domain and subtopic in the complete outline above.

Passing the AFP-Exam-1 exam earns the Applied Financial Planning (AFP) certification — a Professional-level credential — issued directly by CSI. It is proof of ability that travels well across employers and borders.

Yes — the free PDF demo shows the real question quality before any payment. And the value continues after purchase: 365 days of free updates come standard, with a 50% renewal discount if your update period ever expires.

Enrollment in the CSI Applied Financial Planning (AFP) program or equivalent eligibility as defined by CSI These rules do get revised, so before you book, double-check the current requirements on the official AFP-Exam-1 exam page — what the vendor publishes is what counts.

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

A household has gross monthly income of $9,500. Their monthly mortgage payment is $2,100, property taxes are $425, heating costs are $175, car payments are $600, and minimum credit card payments are $250. What is their total debt service ratio?

  • A. 31.1%.
  • B. 44.2%.
  • C. 37.4%.
  • D. 28.4%.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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Question #2

In which life cycle stage would a financial planner identify his client to be if they have a high mortgage balance and an unstable or lower income, and are willing to take on investment risk because of their longer time horizon?

  • A. Financial independence.
  • B. Accumulation.
  • C. Consolidation.
  • D. Gifting.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Question #3

Jelena, age 32, is single and works as a partner in a law firm. She is meeting with her financial planner, May, as she would like to start investing. Her friend John talks about hot sectors in the stock markets and has recently brought up the cannabis sector. She has done some reading about this sector and is willing to experience large decline in her investments. Jelena also mentioned to May that she believes in high long-term returns. What conclusion can May draw based on their discussions about the stock market and Jelena's expectations?

  • A. Jelena has limited investment knowledge but good experience.
  • B. Jelena has good investment knowledge and experience.
  • C. Jelena has limited Investment knowledge and experience.
  • D. Jelena has good investment knowledge but low experience.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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Question #4

Ivan relocates for a new job and wants to know whether his move may qualify for the work-related moving expense deduction. What minimum distance test is generally relevant?

  • A. The new home must be at least 10 kilometres closer to the new work location.
  • B. The new home must be at least 25 kilometres closer to the new work location.
  • C. The new home must be at least 40 kilometres closer to the new work location.
  • D. The new home must be at least 30 kilometres closer to the new work location.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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Question #5

A financial planner recently started her new role at the bank and decided to create a checklist when meeting with prospects. She wanted to include one item on the checklist that would allow her to understand her clients' tolerance for risk. What information should she add, that will help her achieve this objective?

  • A. Previous financial plan.
  • B. Qualitative questionnaire.
  • C. Tax returns.
  • D. Life insurance policy.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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