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. 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


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