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. Assets to Equity ratio






2. aka Net Income






3. Book Value (of company stock)






4. Types of Understanding Responses Associated With Active Listening






5. Current Yield of a bond






6. Domains of a CFP






7. financial planning pyramid






8. Total Debt to Equity ratio






9. Times Interest Earned






10. Equivalent Tax Credit






11. The payout ratio






12. CFP Ethical principles






13. The retention ratio






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






15. Net After Tax Profit Margin






16. Opportunities in Financial Planning






17. Sustainable Growth Rate






18. Types of Leading Responses






19. After-tax Yield






20. PEG ratio






21. financial life cycle






22. Debt Service Ratio






23. EBIT






24. Holding Period Return






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






26. P/E ratio






27. Current Ratio






28. Net Cash Flow






29. Major CFP Planning Areas






30. Liquidity Ratio






31. Cash Ratio






32. Gross Investment income






33. Quick Ratio (aka Acid test)






34. Social Styles






35. Debt to Equity ratio






36. Asset Turnover Ratio






37. Present value of a Bond






38. Equivalent Tax Deduction






39. Solvency Ratio






40. After-tax Return






41. Working Capital






42. ROE (Return On Equity)






43. Net Investment Income






44. Savings Ratio






45. Attributes of Effective Advisor communiations






46. 'normal' ratio