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. Attributes of Effective Advisor communiations






2. Net Cash Flow






3. The payout ratio






4. Net After Tax Profit Margin






5. CFP Ethical principles






6. Asset Turnover Ratio






7. Current Ratio






8. After-tax Return






9. aka Net Income






10. EBIT






11. Solvency Ratio






12. Equivalent Tax Credit






13. Equivalent Tax Deduction






14. Working Capital






15. Debt Service Ratio






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






17. Book Value (of company stock)






18. PEG ratio






19. Debt to Equity ratio






20. Social Styles






21. Types of Understanding Responses Associated With Active Listening






22. Savings Ratio






23. Cash Ratio






24. 'normal' ratio






25. Types of Leading Responses






26. Net Investment Income






27. Quick Ratio (aka Acid test)






28. P/E ratio






29. Current Yield of a bond






30. Holding Period Return






31. After-tax Yield






32. Gross Investment income






33. Liquidity Ratio






34. Domains of a CFP






35. Total Debt to Equity ratio






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






37. ROE (Return On Equity)






38. financial planning pyramid






39. Major CFP Planning Areas






40. Sustainable Growth Rate






41. Assets to Equity ratio






42. financial life cycle






43. Opportunities in Financial Planning






44. Present value of a Bond






45. The retention ratio






46. Times Interest Earned