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. Quick Ratio (aka Acid test)






2. After-tax Yield






3. financial life cycle






4. Opportunities in Financial Planning






5. Total Debt to Equity ratio






6. Gross Investment income






7. financial planning pyramid






8. Current Yield of a bond


9. 'normal' ratio






10. Equivalent Tax Credit






11. Assets to Equity ratio






12. CFP Ethical principles






13. Attributes of Effective Advisor communiations






14. Equivalent Tax Deduction






15. P/E ratio






16. ROE (Return On Equity)






17. Asset Turnover Ratio






18. EBIT






19. Current Ratio






20. After-tax Return






21. Debt to Equity ratio






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






23. Debt Service Ratio






24. Social Styles






25. Holding Period Return






26. Types of Leading Responses






27. Cash Ratio






28. Times Interest Earned






29. The retention ratio






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






31. Present value of a Bond






32. The payout ratio






33. Major CFP Planning Areas






34. Solvency Ratio






35. PEG ratio






36. Working Capital






37. Savings Ratio






38. Net Cash Flow






39. Domains of a CFP






40. Sustainable Growth Rate






41. Book Value (of company stock)






42. Net After Tax Profit Margin






43. Types of Understanding Responses Associated With Active Listening






44. Net Investment Income






45. Liquidity Ratio






46. aka Net Income