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. Major CFP Planning Areas

2. Current Yield of a bond

3. After-tax Yield

4. Net Cash Flow

5. Equivalent Tax Credit

6. The retention ratio

7. PEG ratio

8. Liquidity Ratio

9. ROE (Return On Equity)

10. Current Ratio

11. Working Capital

12. After-tax Return

13. Quick Ratio (aka Acid test)

14. Net After Tax Profit Margin

15. Solvency Ratio

16. Equivalent Tax Deduction

17. Times Interest Earned

18. CFP Ethical principles

19. Debt Service Ratio

20. Opportunities in Financial Planning

21. financial life cycle

22. Holding Period Return

23. Types of Leading Responses

24. 'normal' ratio

25. Savings Ratio

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

27. Social Styles

28. Net Investment Income

29. Asset Turnover Ratio

30. Present value of a Bond

31. P/E ratio

32. Attributes of Effective Advisor communiations

33. aka Net Income

34. Total Debt to Equity ratio

35. Types of Understanding Responses Associated With Active Listening

36. Gross Investment income

37. financial planning pyramid

38. Debt to Equity ratio

39. Domains of a CFP

40. Book Value (of company stock)

41. Cash Ratio

42. The payout ratio

43. EBIT

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

45. Assets to Equity ratio

46. Sustainable Growth Rate