Test your basic knowledge |

CFP: Certified Financial Planner

Instructions:
  • 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