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. Solvency Ratio

2. Net Investment Income

3. Debt to Equity ratio

4. Social Styles

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

6. Present value of a Bond

7. financial life cycle

8. Sustainable Growth Rate

9. CFP Ethical principles

10. After-tax Yield

11. ROE (Return On Equity)

12. Savings Ratio

13. Net Cash Flow

14. Assets to Equity ratio

15. Attributes of Effective Advisor communiations

16. Types of Understanding Responses Associated With Active Listening

17. Times Interest Earned

18. financial planning pyramid

19. Major CFP Planning Areas

20. The payout ratio

21. Current Ratio

22. Debt Service Ratio

23. Equivalent Tax Deduction

24. Net After Tax Profit Margin

25. Opportunities in Financial Planning

26. The retention ratio

27. Cash Ratio

28. 'normal' ratio

29. Types of Leading Responses

30. PEG ratio

31. aka Net Income

32. Equivalent Tax Credit

33. P/E ratio

34. EBIT

35. After-tax Return

36. Holding Period Return

37. Current Yield of a bond

38. Domains of a CFP

39. Liquidity Ratio

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

41. Total Debt to Equity ratio

42. Quick Ratio (aka Acid test)

43. Asset Turnover Ratio

44. Gross Investment income

45. Working Capital

46. Book Value (of company stock)