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. Major CFP Planning Areas






2. Current Yield of a bond






3. After-tax Yield






4. Net Cash Flow






5. Equivalent Tax Credit






6. The retention ratio






7. PEG ratio






8. Liquidity Ratio






9. ROE (Return On Equity)






10. Current Ratio






11. Working Capital






12. After-tax Return






13. Quick Ratio (aka Acid test)






14. Net After Tax Profit Margin






15. Solvency Ratio






16. Equivalent Tax Deduction






17. Times Interest Earned






18. CFP Ethical principles






19. Debt Service Ratio






20. Opportunities in Financial Planning






21. financial life cycle






22. Holding Period Return






23. Types of Leading Responses






24. 'normal' ratio






25. Savings Ratio






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






27. Social Styles






28. Net Investment Income






29. Asset Turnover Ratio






30. Present value of a Bond






31. P/E ratio






32. Attributes of Effective Advisor communiations






33. aka Net Income






34. Total Debt to Equity ratio






35. Types of Understanding Responses Associated With Active Listening






36. Gross Investment income






37. financial planning pyramid






38. Debt to Equity ratio






39. Domains of a CFP






40. Book Value (of company stock)






41. Cash Ratio






42. The payout ratio






43. EBIT






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






45. Assets to Equity ratio






46. Sustainable Growth Rate