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. PEG ratio

2. Net Investment Income

3. Opportunities in Financial Planning

4. Present value of a Bond

5. The retention ratio

6. Asset Turnover Ratio

7. Current Yield of a bond

8. CFP Ethical principles

9. Book Value (of company stock)

10. 'normal' ratio

11. Domains of a CFP

12. Quick Ratio (aka Acid test)

13. Types of Understanding Responses Associated With Active Listening

14. Equivalent Tax Credit

15. Working Capital

16. financial life cycle

17. Debt to Equity ratio

18. Times Interest Earned

19. Equivalent Tax Deduction

20. Liquidity Ratio

21. Solvency Ratio

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

23. Net After Tax Profit Margin

24. Attributes of Effective Advisor communiations

25. After-tax Yield

26. ROE (Return On Equity)

27. After-tax Return

28. Sustainable Growth Rate

29. Total Debt to Equity ratio

30. financial planning pyramid

31. Savings Ratio

32. Social Styles

33. Gross Investment income

34. P/E ratio

35. Net Cash Flow

36. Types of Leading Responses

37. Major CFP Planning Areas

38. Holding Period Return

39. aka Net Income

40. Debt Service Ratio

41. Cash Ratio

42. Assets to Equity ratio

43. The payout ratio

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

45. Current Ratio

46. EBIT