Financial Planning II (FPII): FP2 Exam

"Financial Planning II (FPII)", also known as FP2 exam, is a CSI Certification. With the complete collection of questions and answers, Pass4sureCert has assembled to take you through 62 Q&As to your FP2 Exam preparation. In the FP2 exam resources, you will cover every field and category in Canadian Securities Course Certification helping to ready you for your successful CSI Certification.

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  • Exam Code: FP2
  • Exam Name: Financial Planning II (FPII)
  • Certification Provider: CSI
  • Corresponding Certification: Canadian Securities Course
  • Updated: Oct 08, 2026
  • No. of Questions: 62 Questions & Answers with Testing Engine
  • Download Limit: Unlimited

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CSI Financial Planning II (FPII) Sample Questions:

Maxwell is filing a rights or things tax return for his deceased mother. She had the following sources of income:
Debenture interest coupons.
Unpaid dividends declared before her death.
Old age security that was due before her death.
Income from a registered retirement savings plan (RRSP).
Which form of income will Maxwell have to exclude from the rights or things tax return?

  • A. Old age security that was due before her death.
  • B. Debenture interest coupons.
  • C. Unpaid dividends declared before her death.
  • D. Income from an RRSP.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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An employee chose a particular contractor to repair their roof based on an employer's recommendation. The employer hinted that the employee may receive a higher future bonus if they hire the recommended contractor. How would you describe the employer's actions?

  • A. The employer exercised undue influence.
  • B. The employer influenced the object of the contract to become illegal.
  • C. The employer put the employee under certain duress.
  • D. The employer misrepresented the contract to their employee.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Kienle has provided his advisor with the following information:
($)
Income last year
50,000
Pension adjustment last year
2,500
Unused contribution room from previous years
3,500
Assuming he has never over-contributed, what is the maximum amount that Kienle can put into his Registered Retirement Savings Plan without incurring a penalty?

  • A. $13,000.
  • B. $14,500.
  • C. $10,000.
  • D. $12,000.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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What is the name of the individual who is responsible for making decisions based on a power of attorney?

  • A. Settlor.
  • B. Donee.
  • C. Donor.
  • D. Testator.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Julien will be making a spousal Registered Retirement Savings Plan contribution for his wife. When should Julien make this contribution, in order to lessen the impact of the three-year rule?

  • A. February.
  • B. January.
  • C. March.
  • D. December.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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