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. Net Investment Income






2. Liquidity Ratio






3. EBIT






4. Debt to Equity ratio






5. Major CFP Planning Areas






6. financial life cycle






7. PEG ratio






8. Book Value (of company stock)






9. Types of Understanding Responses Associated With Active Listening






10. CFP Ethical principles






11. Equivalent Tax Credit






12. Asset Turnover Ratio






13. Net Cash Flow






14. Net After Tax Profit Margin






15. Times Interest Earned






16. Types of Leading Responses






17. Gross Investment income






18. Quick Ratio (aka Acid test)






19. Working Capital






20. Opportunities in Financial Planning






21. Sustainable Growth Rate






22. Present value of a Bond






23. Current Ratio






24. ROE (Return On Equity)






25. Total Debt to Equity ratio






26. Cash Ratio






27. Current Yield of a bond






28. Social Styles






29. The payout ratio






30. Attributes of Effective Advisor communiations






31. P/E ratio






32. After-tax Return






33. After-tax Yield






34. Debt Service Ratio






35. Holding Period Return






36. Solvency Ratio






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






38. Savings Ratio






39. financial planning pyramid






40. The retention ratio






41. Equivalent Tax Deduction






42. Domains of a CFP






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






44. 'normal' ratio






45. aka Net Income






46. Assets to Equity ratio