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. Opportunities in Financial Planning






2. Net Investment Income






3. Debt Service Ratio






4. Working Capital






5. Types of Understanding Responses Associated With Active Listening






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






7. Assets to Equity ratio






8. Equivalent Tax Deduction






9. Holding Period Return






10. financial planning pyramid






11. Types of Leading Responses






12. Sustainable Growth Rate






13. Major CFP Planning Areas






14. Savings Ratio






15. Equivalent Tax Credit






16. The retention ratio






17. Gross Investment income






18. Book Value (of company stock)






19. Quick Ratio (aka Acid test)






20. EBIT






21. Domains of a CFP






22. Net Cash Flow






23. PEG ratio






24. 'normal' ratio






25. Current Yield of a bond






26. Liquidity Ratio






27. Solvency Ratio






28. After-tax Yield






29. P/E ratio






30. Net After Tax Profit Margin






31. Current Ratio






32. Attributes of Effective Advisor communiations






33. The payout ratio






34. ROE (Return On Equity)






35. Times Interest Earned






36. Asset Turnover Ratio






37. Cash Ratio






38. CFP Ethical principles






39. Social Styles






40. Total Debt to Equity ratio






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






42. Present value of a Bond






43. aka Net Income






44. After-tax Return






45. financial life cycle






46. Debt to Equity ratio