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. Types of Understanding Responses Associated With Active Listening






2. Equivalent Tax Deduction






3. ROE (Return On Equity)






4. Total Debt to Equity ratio






5. Sustainable Growth Rate






6. financial planning pyramid






7. Current Yield of a bond


8. Assets to Equity ratio






9. Net Investment Income






10. Solvency Ratio






11. Times Interest Earned






12. Domains of a CFP






13. Net Cash Flow






14. PEG ratio






15. Net After Tax Profit Margin






16. Liquidity Ratio






17. Debt Service Ratio






18. P/E ratio






19. Opportunities in Financial Planning






20. Book Value (of company stock)






21. The retention ratio






22. Working Capital






23. Types of Leading Responses






24. aka Net Income






25. Major CFP Planning Areas






26. Equivalent Tax Credit






27. Holding Period Return






28. EBIT






29. financial life cycle






30. Attributes of Effective Advisor communiations






31. After-tax Yield






32. Gross Investment income






33. 'normal' ratio






34. Current Ratio






35. Social Styles






36. Savings Ratio






37. The payout ratio






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






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






40. Quick Ratio (aka Acid test)






41. Present value of a Bond






42. Cash Ratio






43. Debt to Equity ratio






44. After-tax Return






45. Asset Turnover Ratio






46. CFP Ethical principles