Test your basic knowledge |

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. CFP Ethical principles

2. Opportunities in Financial Planning


4. Working Capital

5. Social Styles

6. Domains of a CFP

7. Book Value (of company stock)

8. Holding Period Return

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

10. Sustainable Growth Rate

11. PEG ratio

12. aka Net Income

13. Solvency Ratio

14. The payout ratio

15. Net Cash Flow

16. Asset Turnover Ratio

17. Liquidity Ratio

18. Types of Understanding Responses Associated With Active Listening

19. After-tax Yield

20. Quick Ratio (aka Acid test)

21. The retention ratio

22. Types of Leading Responses

23. 'normal' ratio

24. financial life cycle

25. Savings Ratio

26. Assets to Equity ratio

27. Cash Ratio

28. P/E ratio

29. Gross Investment income

30. Debt to Equity ratio

31. Net Investment Income

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

33. Present value of a Bond

34. Times Interest Earned

35. Net After Tax Profit Margin

36. Major CFP Planning Areas

37. Debt Service Ratio

38. After-tax Return

39. Equivalent Tax Credit

40. Equivalent Tax Deduction

41. Total Debt to Equity ratio

42. Current Yield of a bond

43. financial planning pyramid

44. Attributes of Effective Advisor communiations

45. Current Ratio

46. ROE (Return On Equity)