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. 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