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. Social Styles






2. Opportunities in Financial Planning






3. Gross Investment income






4. Present value of a Bond






5. Savings Ratio






6. Total Debt to Equity ratio






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






8. aka Net Income






9. EBIT






10. Types of Understanding Responses Associated With Active Listening






11. Current Yield of a bond


12. financial planning pyramid






13. Domains of a CFP






14. Net After Tax Profit Margin






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






16. After-tax Return






17. Asset Turnover Ratio






18. The retention ratio






19. After-tax Yield






20. Book Value (of company stock)






21. Equivalent Tax Deduction






22. Attributes of Effective Advisor communiations






23. 'normal' ratio






24. PEG ratio






25. Types of Leading Responses






26. Liquidity Ratio






27. The payout ratio






28. ROE (Return On Equity)






29. Assets to Equity ratio






30. Solvency Ratio






31. Current Ratio






32. Net Investment Income






33. Sustainable Growth Rate






34. Holding Period Return






35. Debt to Equity ratio






36. Quick Ratio (aka Acid test)






37. Equivalent Tax Credit






38. Times Interest Earned






39. Net Cash Flow






40. Working Capital






41. Cash Ratio






42. Major CFP Planning Areas






43. CFP Ethical principles






44. Debt Service Ratio






45. financial life cycle






46. P/E ratio