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. Net After Tax Profit Margin






2. Debt Service Ratio






3. ROE (Return On Equity)






4. CFP Ethical principles






5. financial planning pyramid






6. Liquidity Ratio






7. Sustainable Growth Rate






8. After-tax Return






9. Working Capital






10. Major CFP Planning Areas






11. Equivalent Tax Credit






12. aka Net Income






13. Social Styles






14. Attributes of Effective Advisor communiations






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






16. financial life cycle






17. Book Value (of company stock)






18. Quick Ratio (aka Acid test)






19. Opportunities in Financial Planning






20. 'normal' ratio






21. Total Debt to Equity ratio






22. EBIT






23. Equivalent Tax Deduction






24. Cash Ratio






25. Types of Leading Responses






26. Current Ratio






27. Holding Period Return






28. Domains of a CFP






29. Solvency Ratio






30. Gross Investment income






31. Assets to Equity ratio






32. Present value of a Bond






33. The retention ratio






34. PEG ratio






35. P/E ratio






36. Net Cash Flow






37. The payout ratio






38. Debt to Equity ratio






39. Current Yield of a bond


40. Savings Ratio






41. After-tax Yield






42. Times Interest Earned






43. Asset Turnover Ratio






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






45. Net Investment Income






46. Types of Understanding Responses Associated With Active Listening