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. Cash Ratio






2. ROE (Return On Equity)






3. financial planning pyramid






4. EBIT






5. Working Capital






6. CFP Ethical principles






7. Net After Tax Profit Margin






8. financial life cycle






9. Types of Understanding Responses Associated With Active Listening






10. Net Investment Income






11. Debt to Equity ratio






12. Holding Period Return






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






14. Current Yield of a bond

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15. After-tax Return






16. Equivalent Tax Deduction






17. Book Value (of company stock)






18. Net Cash Flow






19. The payout ratio






20. PEG ratio






21. 'normal' ratio






22. Quick Ratio (aka Acid test)






23. Times Interest Earned






24. aka Net Income






25. Domains of a CFP






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






27. Equivalent Tax Credit






28. Liquidity Ratio






29. Attributes of Effective Advisor communiations






30. Sustainable Growth Rate






31. Asset Turnover Ratio






32. P/E ratio






33. After-tax Yield






34. Types of Leading Responses






35. The retention ratio






36. Assets to Equity ratio






37. Major CFP Planning Areas






38. Social Styles






39. Present value of a Bond






40. Gross Investment income






41. Total Debt to Equity ratio






42. Debt Service Ratio






43. Solvency Ratio






44. Opportunities in Financial Planning






45. Current Ratio






46. Savings Ratio