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CFP: Certified Financial Planner

  • 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