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. After-tax Yield

2. ROE (Return On Equity)

3. Savings Ratio

4. Net Cash Flow

5. Net Investment Income

6. financial planning pyramid

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

8. Social Styles

9. Opportunities in Financial Planning

10. Domains of a CFP

11. The payout ratio

12. Current Ratio

13. Attributes of Effective Advisor communiations

14. The retention ratio

15. Debt to Equity ratio

16. Gross Investment income

17. Assets to Equity ratio

18. Sustainable Growth Rate

19. Equivalent Tax Deduction

20. P/E ratio

21. financial life cycle

22. Quick Ratio (aka Acid test)

23. EBIT

24. Liquidity Ratio

25. PEG ratio

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

27. Net After Tax Profit Margin

28. Equivalent Tax Credit

29. Solvency Ratio

30. Major CFP Planning Areas

31. After-tax Return

32. Working Capital

33. CFP Ethical principles

34. Asset Turnover Ratio

35. Book Value (of company stock)

36. Holding Period Return

37. Cash Ratio

38. 'normal' ratio

39. Times Interest Earned

40. aka Net Income

41. Types of Leading Responses

42. Types of Understanding Responses Associated With Active Listening

43. Current Yield of a bond

44. Total Debt to Equity ratio

45. Present value of a Bond

46. Debt Service Ratio