CFP Certified Financial Planner Test Prep

  • CFP
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Quizzes Created: 1461 | Total Attempts: 888,905
| Attempts: 198 | Questions: 10 | Updated: Mar 22, 2025
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1. What type of question is the CFP Certification exam?

Explanation

The CFP Certification exam is a multiple-choice question type.

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About This Quiz
CFP Certified Financial Planner Test Prep - Quiz

The Certified Financial Planner (CPF) is a certification endorsed by CFP Board in which examination, training, ethic requirements and a fee is required for the approval. The certification entertains the renewal of certification after a specific period of usage and excellent exams are taken for the acquisition of CFP license.... see moreHave this quiz! see less

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2. What is the full meaning of CIMA? 

Explanation

CIMA stands for Certified Investment Management Analyst. This certification is awarded to individuals who have demonstrated their expertise in investment management analysis.

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3. How many years of full-time experience in financial planning is required for the certification?

Explanation

The certification requires a minimum of 3 years of full-time experience in financial planning. This indicates that the individual must have worked in the field of financial planning for at least 3 years on a full-time basis in order to be eligible for the certification.

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4. How many hours of education is required for the renewal of CFP certificate?

Explanation

The correct answer is 30 hours. This is the amount of education required for the renewal of a CFP certificate.

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5. How many sessions is the exam broken into? 

Explanation

The exam is broken into two sessions.

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6. What time is required for the completion of a session?

Explanation

The completion of a session requires 3 hours.

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7. How many questions is present in the exam?

Explanation

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8. What year was the "Apprenticeship Experience" option included in the certification qualifications?

Explanation

The "Apprenticeship Experience" option was included in the certification qualifications in 2012.

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9. What is the total number of elements of financial planning?

Explanation

The total number of elements of financial planning is 8. This means that there are 8 different components or factors that need to be considered and included in the process of financial planning. These elements may include setting financial goals, creating a budget, managing debt, saving and investing, insurance planning, tax planning, retirement planning, and estate planning. Each of these elements plays a crucial role in creating a comprehensive and effective financial plan.

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10. What type of break is in between the sessions of the exam?

Explanation

The type of break that is in between the sessions of the exam is a 40-minute break.

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What type of question is the CFP Certification exam?
What is the full meaning of CIMA? 
How many years of full-time experience in financial planning is...
How many hours of education is required for the renewal of CFP...
How many sessions is the exam broken into? 
What time is required for the completion of a session?
How many questions is present in the exam?
What year was the "Apprenticeship Experience" option...
What is the total number of elements of financial planning?
What type of break is in between the sessions of the exam?
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