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. financial life cycle

2. Debt to Equity ratio

3. financial planning pyramid

4. Total Debt to Equity ratio

5. CFP Ethical principles

6. The payout ratio

7. Net After Tax Profit Margin

8. After-tax Yield

9. Debt Service Ratio

10. Cash Ratio

11. Types of Understanding Responses Associated With Active Listening

12. 'normal' ratio

13. ROE (Return On Equity)

14. Net Investment Income

15. Current Yield of a bond

16. Quick Ratio (aka Acid test)

17. P/E ratio

18. Social Styles

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

20. Sustainable Growth Rate

21. Major CFP Planning Areas

22. The retention ratio

23. Gross Investment income

24. PEG ratio

25. Types of Leading Responses

26. Present value of a Bond

27. Opportunities in Financial Planning

28. Book Value (of company stock)

29. Savings Ratio

30. After-tax Return

31. Net Cash Flow

32. Equivalent Tax Credit

33. Equivalent Tax Deduction

34. Asset Turnover Ratio

35. Assets to Equity ratio

36. aka Net Income

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

38. Domains of a CFP

39. Times Interest Earned

40. EBIT

41. Current Ratio

42. Attributes of Effective Advisor communiations

43. Solvency Ratio

44. Holding Period Return

45. Liquidity Ratio

46. Working Capital