Test your basic knowledge |

CFP: Certified Financial Planner

  • Answer 46 questions in 15 minutes.
  • If you are not ready to take this test, you can study here.
  • Match each statement with the correct term.
  • Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.

This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. Equivalent Tax Deduction

2. Equivalent Tax Credit

3. Current Yield of a bond

4. Arithmetic Mean Return; T = Terminal period; good for comparing different investments


6. Debt to Equity ratio

7. financial life cycle

8. aka Net Income

9. Net Investment Income

10. Opportunities in Financial Planning

11. Assets to Equity ratio

12. Types of Understanding Responses Associated With Active Listening

13. Working Capital

14. ROE (Return On Equity)

15. Current Ratio

16. Holding Period Return

17. P/E ratio

18. After-tax Return

19. Total Debt to Equity ratio

20. Types of Leading Responses

21. After-tax Yield

22. Liquidity Ratio

23. Asset Turnover Ratio

24. PEG ratio

25. CFP Ethical principles

26. 'normal' ratio

27. Domains of a CFP

28. financial planning pyramid

29. Sustainable Growth Rate

30. Attributes of Effective Advisor communiations

31. Solvency Ratio

32. The payout ratio

33. Savings Ratio

34. Present value of a Bond

35. Social Styles

36. Cash Ratio

37. Quick Ratio (aka Acid test)

38. The retention ratio

39. Debt Service Ratio

40. Net After Tax Profit Margin

41. Major CFP Planning Areas

42. Gross Investment income

43. Book Value (of company stock)

44. Net Cash Flow

45. Real Return (inflation adjusted); NR = Nominal Return; CCL = Change in Cost of Living (inflation rate)

46. Times Interest Earned