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CEPA (Certified Exit Planning Advisor) Exam Prep – 270 Questions and Answers Rated 100% Correct – 2025/2026

HEAL100 Health Care — exam and revision material · Other

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Health Care exam material, 70 pages. Originally published on StudyMerit.

Pages
70
Academic year
2025/2026
Language
English

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CEPA (Certified Exit Planning Advisor) Exam Prep - with 100% verified solutions 2024-2025 What is the calculation for Recasted EBITDA? Addbacks + EBITDA = Recasted EBITDA What does EBITDA stand for? Earnings Before Interest, Taxes, Depreciation, & Amortization What are the three gaps within the Value Acceleration Methodology? Wealth Gap, Value Gap, & Profit Gap What are the Five Stages of Value Maturity in order? Identify, Protect, Build, Harvest, Manage In the Five Stages of Value Maturity, what occurs in the "Identify" stage? Identify and asses the business value. Understand how ready and attractive the business is. What is the current value? What is it's potential value? What are the gaps? What are considered the "Value Creation" stages within the Five Stages of Value Maturity? Protect Value and Build Value In the Five Stages of Value Maturity, what occurs in the "Protect" stage? Protect what you have because "build" means more risk. Make sure the right systems are in place: the right financial advisor, right financial plan, documented standard operating procedures within the business, Downloaded by Clement Sam (samuelkaruiki40@gmail.com) lOMoARcPSD|6879242

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insurance, etc. Protect always comes before Build. Non-strategic actions are ALWAYS before strategic actions. In the Five Stages of Value Maturity, what occurs in the "Build" stage? This is made up of strategic actions including culture building, communication building, personnel changes, new products/improvements, etc. In the Five Stages of Value Maturity, what occurs in the "Harvest" stage? This is when the owner exits the company and harvests its value Simply put, what is exit planning? Good Business strategy What are the Four intangible Capitals or "Four C's"? Human Capital, Structural Capital, Customer Capital, & Social Capital How much of a business' value (in percentage) is trapped inside the four intangible capitals or "Four C's"? 80% What is Human Capital? It's the people in the business. Employee tenure, experience / talent level, management team succession plan, management team strength, etc. What is Structural Capital? The most robust of the "Four C's", this includes everything from the real estate, intellectual property, equipment, process & documentation, IT, systems (including financial & accounting systems), etc. Downloaded by Clement Sam (samuelkaruiki40@gmail.com) lOMoARcPSD|6879242

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What is Customer Captial? Depth of customer relationships, customer entanglement, customer concentration / diversification, contracts, etc. What is Social Capital? Culture within & outside the company. How people relate outside of the company. This is developed over time after all other intangible capitals are established/improved. What are the three gates (in order) of the Value Acceleration Methodology? Discover, Prepare, & Decide What are the Three Legs of the Stool? Business, Financial, & Personal What is the Wealth Gap? Understanding the owner's wealth goal (how much money they'll need to fulfill personal needs) and the current value of their assets (not including their business). The gap or difference between these two is usually filled by the business' value. What is the Value Gap? The difference between the owner's current business value and the Best- In-Class business value. What is the Profit Gap? The difference between the owner's current business profit (or recasted EBITDA) and the Best-In-Class business profit (or recasted EBITDA) Downloaded by Clement Sam (samuelkaruiki40@gmail.com) lOMoARcPSD|6879242

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