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. After-tax Return






2. Social Styles






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






4. Sustainable Growth Rate






5. The payout ratio






6. Total Debt to Equity ratio






7. Equivalent Tax Credit






8. Holding Period Return






9. Quick Ratio (aka Acid test)






10. Liquidity Ratio






11. After-tax Yield






12. Solvency Ratio






13. Asset Turnover Ratio






14. Types of Understanding Responses Associated With Active Listening






15. Cash Ratio






16. Equivalent Tax Deduction






17. financial life cycle






18. Savings Ratio






19. Opportunities in Financial Planning






20. Types of Leading Responses






21. Gross Investment income






22. Net After Tax Profit Margin






23. Net Investment Income






24. Net Cash Flow






25. CFP Ethical principles






26. Debt to Equity ratio






27. EBIT






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






29. Attributes of Effective Advisor communiations






30. aka Net Income






31. Current Yield of a bond

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32. PEG ratio






33. Assets to Equity ratio






34. Major CFP Planning Areas






35. Current Ratio






36. financial planning pyramid






37. 'normal' ratio






38. Present value of a Bond






39. Domains of a CFP






40. Book Value (of company stock)






41. The retention ratio






42. ROE (Return On Equity)






43. P/E ratio






44. Debt Service Ratio






45. Times Interest Earned






46. Working Capital