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. Current Yield of a bond






2. PEG ratio






3. Holding Period Return






4. ROE (Return On Equity)






5. Assets to Equity ratio






6. Types of Leading Responses






7. Equivalent Tax Credit






8. Attributes of Effective Advisor communiations






9. EBIT






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






11. Net Investment Income






12. Working Capital






13. Current Ratio






14. Sustainable Growth Rate






15. Savings Ratio






16. CFP Ethical principles






17. Total Debt to Equity ratio






18. Equivalent Tax Deduction






19. Book Value (of company stock)






20. financial life cycle






21. Domains of a CFP






22. Quick Ratio (aka Acid test)






23. After-tax Yield






24. P/E ratio






25. Major CFP Planning Areas






26. Gross Investment income






27. Opportunities in Financial Planning






28. Social Styles






29. Times Interest Earned






30. After-tax Return






31. Asset Turnover Ratio






32. Types of Understanding Responses Associated With Active Listening






33. financial planning pyramid






34. Debt Service Ratio






35. 'normal' ratio






36. The payout ratio






37. Solvency Ratio






38. Cash Ratio






39. Debt to Equity ratio






40. aka Net Income






41. The retention ratio






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






43. Present value of a Bond






44. Net Cash Flow






45. Liquidity Ratio






46. Net After Tax Profit Margin