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. 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