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






2. Opportunities in Financial Planning






3. Debt to Equity ratio






4. Current Yield of a bond






5. financial planning pyramid






6. Working Capital






7. Asset Turnover Ratio






8. After-tax Return






9. Quick Ratio (aka Acid test)






10. Gross Investment income






11. Types of Leading Responses






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






13. EBIT






14. Major CFP Planning Areas






15. Savings Ratio






16. Liquidity Ratio






17. Current Ratio






18. Sustainable Growth Rate






19. P/E ratio






20. financial life cycle






21. Times Interest Earned






22. Social Styles






23. Present value of a Bond






24. CFP Ethical principles






25. Types of Understanding Responses Associated With Active Listening






26. The payout ratio






27. The retention ratio






28. Assets to Equity ratio






29. Solvency Ratio






30. Net Investment Income






31. Equivalent Tax Credit






32. After-tax Yield






33. Book Value (of company stock)






34. Attributes of Effective Advisor communiations






35. PEG ratio






36. Net Cash Flow






37. Net After Tax Profit Margin






38. Cash Ratio






39. Equivalent Tax Deduction






40. Debt Service Ratio






41. 'normal' ratio






42. Total Debt to Equity ratio






43. ROE (Return On Equity)






44. Domains of a CFP






45. aka Net Income






46. Holding Period Return