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. The payout ratio






2. EBIT






3. Gross Investment income






4. Net After Tax Profit Margin






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






6. Liquidity Ratio






7. Working Capital






8. After-tax Return






9. Holding Period Return






10. aka Net Income






11. Book Value (of company stock)






12. Total Debt to Equity ratio






13. After-tax Yield






14. Major CFP Planning Areas






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






16. Assets to Equity ratio






17. 'normal' ratio






18. Debt Service Ratio






19. Times Interest Earned






20. CFP Ethical principles






21. Opportunities in Financial Planning






22. Attributes of Effective Advisor communiations






23. Cash Ratio






24. Net Investment Income






25. Equivalent Tax Credit






26. Savings Ratio






27. Types of Leading Responses






28. Social Styles






29. Present value of a Bond






30. ROE (Return On Equity)






31. P/E ratio






32. Sustainable Growth Rate






33. Equivalent Tax Deduction






34. financial planning pyramid






35. Quick Ratio (aka Acid test)






36. Types of Understanding Responses Associated With Active Listening






37. Net Cash Flow






38. The retention ratio






39. Asset Turnover Ratio






40. Debt to Equity ratio






41. Solvency Ratio






42. Current Ratio






43. PEG ratio






44. financial life cycle






45. Domains of a CFP






46. Current Yield of a bond