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. 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


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