Retirement Income Certified Professional (RICP)

• An accountant is a professional who performs accounting functions such as analyzing accounts, auditing or analyzing financial statements.

• The agent is authorized to act on behalf of another person, such as an attorney or a stockbroker.

– The term “American Dream” was coined in 1931 in the bestseller Epic of America.#

• An aptitude test is used to determine a person’s abilities by evaluating how he can perform in a field in which he has no prior training or knowledge.

• Baptism by fire usually describes a person or worker who learns something the hard way through trials or hardships.

• Bonds are units of corporate debt issued by companies and securitized as tradable assets.

• Bond yield - the income that an investor receives from investing in a bond.

• The term “bookmaker” in slang means “bookmaker”.

• A branch manager is an employee who supervises the activities of a branch of a bank or financial institution.

• Business is defined as an organization or entrepreneurial entity engaged in a commercial, industrial or professional activity.

• Business Continuity Plans (BCPs) are systems to prevent and recover from potential threats such as natural disasters or cyber attacks.

• Business ethics refers to the implementation of appropriate business policies and practices in relation to controversial issues.

• A business exit strategy is a plan that a business founder or owner draws up to sell their company or stake in a company to other investors or other firms.

• A business plan is a document that describes the main activities of the company and how it plans to achieve its goals.

• Business risk is any exposure to a company or organization of factors that may reduce its profits or lead to its bankruptcy.

• Business to consumer refers to the process of selling goods and services by businesses directly to consumers without intermediaries.

• In a command economy, the central government dictates the level of production of goods and controls their distribution and prices.

• Corporate hierarchy refers to the organization of people within a corporation according to power, status and job responsibilities.

• Hidden unemployment is unemployment that does not affect the aggregate volume of production.

• The dot-com bubble was a rapid rise in the value of American technology stocks, fueled by investments in internet companies in the late 1990s.

• The economy is a system of interrelated production and consumer activities, which ultimately determine the distribution of resources within the group.

• Empire building is the desire to increase the size, scope and influence of the power of a person or organization.

• A fiduciary is required by law to put his client’s interests ahead of his own.

• A financial advisor is a professional who helps clients make financial, personal finance and investment decisions.

• Financial Risk Managers (FRMs) are accredited by the Global Association of Risk Management Professionals (GARP).