CFP Mock Test Practice Quiz

5 Questions | Total Attempts: 1050

SettingsSettingsSettings
CFP Quizzes & Trivia

It is a known fact that starting a business without a plan will just destined it for failure. Are you studying to be a certified financial planner? The CFP mock test practice quiz is designed to help you pass the exams and get your certification. Give it a shot and all the best!


Questions and Answers
  • 1. 
    . Which code of ethics rule asserts that a financial planner should not solicit clients through and false or misleading communications or advertisements?
    • A. 

      Rule 101

    • B. 

      Rule 102

    • C. 

      Rule 103

    • D. 

      Rule 104

  • 2. 
    A ______ statement forecasts future balance sheets and cash flow statements.
    • A. 

      Cash flow

    • B. 

      Balance sheet

    • C. 

      Pro forma

    • D. 

      Finance sheet

  • 3. 
    The Bankruptcy Code was established by Congress in 1978 in accordance with Article I, Section _____ of the Constitution.
    • A. 

      7

    • B. 

      8

    • C. 

      9

    • D. 

      10

  • 4. 
    When an ARM is said to have a _____ cap, this means that there is a 2 percent maximum interest rate increase every year,  and 6 percent over the life of the loan.
    • A. 

      A. 6/2

    • B. 

      2/6

    • C. 

      2+6

    • D. 

      1/9

  • 5. 
    . A ______ is the right of an employee to receive cash and/or stock equal to the increase in the value of the company's stock after the date of purchase.
    • A. 

      Stock appreciation duty

    • B. 

      Stock appreciation right

    • C. 

      Stock appreciation purchase

    • D. 

      Stock appreciation option

Related Topics
Back to Top Back to top