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. financial life cycle

2. The payout ratio

3. Social Styles

4. Current Ratio

5. Debt to Equity ratio

6. CFP Ethical principles

7. Solvency Ratio

8. financial planning pyramid

9. The retention ratio

10. Present value of a Bond

11. Book Value (of company stock)

12. After-tax Yield

13. Opportunities in Financial Planning

14. Types of Leading Responses

15. Current Yield of a bond

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

17. Equivalent Tax Deduction

18. Net Cash Flow

19. PEG ratio

20. Savings Ratio

21. 'normal' ratio

22. Net Investment Income

23. Holding Period Return

24. Equivalent Tax Credit

25. P/E ratio

26. ROE (Return On Equity)

27. Times Interest Earned

28. Types of Understanding Responses Associated With Active Listening

29. Asset Turnover Ratio

30. Liquidity Ratio

31. After-tax Return

32. Cash Ratio

33. Attributes of Effective Advisor communiations

34. Working Capital

35. Assets to Equity ratio

36. aka Net Income

37. Net After Tax Profit Margin

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

39. Gross Investment income

40. Total Debt to Equity ratio

41. Domains of a CFP

42. Debt Service Ratio

43. EBIT

44. Major CFP Planning Areas

45. Sustainable Growth Rate

46. Quick Ratio (aka Acid test)