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. 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