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. 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