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. Sustainable Growth Rate






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






3. After-tax Yield






4. Net Investment Income






5. Book Value (of company stock)






6. financial life cycle






7. Opportunities in Financial Planning






8. PEG ratio






9. Working Capital






10. Net Cash Flow






11. Assets to Equity ratio






12. CFP Ethical principles






13. Times Interest Earned






14. Quick Ratio (aka Acid test)






15. Solvency Ratio






16. Gross Investment income






17. 'normal' ratio






18. Social Styles






19. Debt to Equity ratio






20. After-tax Return






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






22. aka Net Income






23. Domains of a CFP






24. Asset Turnover Ratio






25. Savings Ratio






26. Holding Period Return






27. Major CFP Planning Areas






28. Equivalent Tax Deduction






29. The retention ratio






30. Attributes of Effective Advisor communiations






31. Net After Tax Profit Margin






32. Current Ratio






33. EBIT






34. Types of Understanding Responses Associated With Active Listening






35. P/E ratio






36. Equivalent Tax Credit






37. Cash Ratio






38. Debt Service Ratio






39. Liquidity Ratio






40. Present value of a Bond






41. financial planning pyramid






42. Types of Leading Responses






43. ROE (Return On Equity)






44. The payout ratio






45. Current Yield of a bond






46. Total Debt to Equity ratio