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

  • Exam Code: AFP-Exam-1
  • Exam Name: Applied Financial Planning Certification Exam 1 (AFP)
  • Updated: Oct 22, 2026
  • Q & A: 120 Questions and Answers

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

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CSI AFP-Exam-1 Exam Overview:

Certification Vendor:Canadian Securities Institute (CSI)
Exam Name:Applied Financial Planning Certification Exam 1 (AFP)
Exam Number:AFP-Exam-1
Exam Duration:180 minutes
Available Languages:French, English
Exam Format:Multiple-choice questions
Certificate Validity Period:3 years
Related Certifications:Personal Financial Planner (PFP®)
AFP Exam 2
Real Exam Qty:105
Exam Price:CAD $695 - $795
Passing Score:60%
Recommended Training:CSI AFP Exam Preparation Courses
Exam Registration:CSI Official Registration
Sample Questions:Free Download real AFP-Exam-1 actual tests
Exam Way:Online remote proctored or in-person at authorized test centers
Pre Condition:Completion of all courses within one of the approved PFP® education paths
Official Syllabus URL:https://www.csi.ca/en/learning/courses/afp

CSI AFP-Exam-1 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Technical Competencies84%- Asset and Liability Management
- Tax Planning
- Estate Planning
- Retirement Planning
- Investment Planning
- Risk Management and Insurance
Topic 2: Enabling Competencies16%- Professional Conduct and Regulatory Compliance
- Client Relationship and Practice Management

The CSI AFP-Exam-1 Exam, Question by Question

CSI Applied Financial Planning Certification Exam 1 (AFP) is an official exam run by Canadian Securities Institute (CSI) under exam code AFP-Exam-1. Passing it awards the Applied Financial Planning (AFP) Certification certification, which sits at the Professional tier. It also counts toward related credentials such as Personal Financial Planner (PFP®), AFP Exam 2. Certified professionals remain in shorter supply than the market wants, which is precisely why this exam keeps showing up in conversations about better roles and better pay.

The CSI Applied Financial Planning Certification Exam 1 (AFP) exam gives you 180 minutes to work through 105 questions. That is a tight ratio, and it punishes candidates who get emotionally attached to any single item. The fix is mechanical: answer what you know, flag what you do not, and keep moving. A few full-length timed runs in the DumpsActual test engine, with its randomized question order, will calibrate your pace far better than untimed reading ever could.

The official fee for CSI Applied Financial Planning Certification Exam 1 (AFP) is CAD $695 - $795, and 60% is what passing takes. The uncomfortable part: retakes cost the full CAD $695 - $795 again, which makes preparation the cheapest line item in this whole project. Before booking, put yourself through repeated scored sessions with the DumpsActual practice tests and compare results over time; a stable margin above the passing line, not a single lucky run, is when you are ready.

Completion of all courses within one of the approved PFP® education paths

Vendor rules do get revised, so treat this as your starting point and confirm the current eligibility details before booking via the official exam page.

CSI Applied Financial Planning Certification Exam 1 (AFP) registration runs through these official channels.

Worth noting when you schedule: the exam is delivered Online remote proctored or in-person at authorized test centers.

Yes, Canadian Securities Institute (CSI) points CSI Applied Financial Planning Certification Exam 1 (AFP) candidates toward the following training.

Whatever course you choose, close the loop with question practice: the 120 items in the DumpsActual AFP-Exam-1 package convert course knowledge into exam-day scoring ability.

It is. DumpsActual publishes a free PDF demo of the CSI Applied Financial Planning Certification Exam 1 (AFP) material, so the product can prove itself before you pay. Your purchase then comes with 365 days of free updates, and once that period ends, extending the update service costs 50% of the regular price. The test engine software itself is verified malware-free and safe to install.

DumpsActual stands behind the product with a 100% money-back guarantee under defined conditions. If you take the CSI Applied Financial Planning Certification Exam 1 (AFP) exam within 60 days of purchase and fail, you qualify for a full refund, provided the exam corresponds to your product. Sitting the exam within 3 days of purchase does not qualify, and neither do unused downloads, free materials, or expired orders; the candidate name must match the payer name. Submit a scanned enrollment slip and the official Score Report PDF within 2 days of the exam, and claims are resolved within 7 days. You may also choose an exchange instead of a refund: two other exam products of equal value, free, with the update service on your original purchase retained.

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CSI Applied Financial Planning Certification Exam 1 (AFP) breaks down into 2 official domains, led by Enabling Competencies (16%), Technical Competencies (84%). You will find the full topic-by-topic outline above on this page; use the weightings to budget your study hours where they pay back the most.

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

Question #1

Mina has $20,000 in a savings account earning 3% before tax. She also has a $9,000 credit card balance at
22%, a $7,000 unsecured line of credit at 10%, and a $14,000 car loan at 4%. Her marginal tax rate is 35%.
Which liability should she target first?

  • A. Credit card balance.
  • B. Unsecured line of credit.
  • C. Car loan.
  • D. No debt; keep all funds in savings.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Question #2

Todd, a financial planner, is meeting with Vanessa, a new client, to review her investment goals and objectives. During the meeting, Vanessa states that she believes the markets are very efficient and should reflect all available information in the price of securities. She is looking for an investment option that will reflect a similar level of risk and return characteristics as the Canadian market. What investment option should Todd recommend with Vanessa that would reflect her opinions?

  • A. Canadian exchange-traded fund.
  • B. Canadian neutral balanced fund.
  • C. Canadian hedge fund.
  • D. Canadian value mutual fund.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Question #3

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 25 kilometres closer to the new work location.
  • B. The new home must be at least 40 kilometres closer to the new work location.
  • C. The new home must be at least 10 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: B  🗳️

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Question #4

Jonah is meeting with his client, Muhsina, who owns Myke Inc., a Canadian-controlled private corporation.
Based on current market value, if he decides to sell Myke Inc., Muhsina will have a capital gain of $400.000.
He expects the value of Myke Inc. to increase in future years and has a CNIL balance of $100,000. He wants the future increase in value to be taxed in the hands of his children, Teshi and Kaliyah, and to minimize the cost. What action should Jonah advise Muhsina to take to meet his goal?

  • A. Set up a joint account with Teshi.
  • B. Sell #### Inc. to his children at fair market value.
  • C. Set up a joint account with Teshi and Kaliyah.
  • D. Sell #### Inc. to his children for $1.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Explanation: Only visible for DumpsActual members. You can sign-up / login (it's free).

Question #5

Alexander and Irena, age 30 and 32 respectively, are married and have been working full-time for one year.
They have a daughter, age 3, and are expecting their second child. They recently bought a home with a mortgage balance of $390,000 at 4% amortized over 25 years. Their financial planner is trying to determine their tolerance for risk. After completing the life-cycle analysis, how can their financial planner explain the stage in which the couple finds themselves and the risk tolerance associated with it?

  • A. They are at the accumulation stage where they can tolerate a high level of risk.
  • B. They are at the financial independence stage where their tolerance of risk is low.
  • C. They are at the gifting stage where their tolerance of risk is low.
  • D. They are at the consolidation stage where they can tolerate moderate to high level of risk.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Explanation: Only visible for DumpsActual members. You can sign-up / login (it's free).

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