Taxonomy
Bloom’s Taxonomy is a widely used educational classification system for defining, distinguishing and categorizing different levels of cognitive thinking. It provides the framework for the Financial Planning Body of Knowledge (FP-BoK).
The verbs used in the FP-BoK articulate the depth of knowledge expected of QAFP professionals and CFP professionals and align with those used in Bloom’s Taxonomy.
Glossary of Verbs Used in the FP-BoK
VERB | DEFINITION |
---|---|
Define | To state exactly the meaning of |
Identify | To be aware of / to recognize and correctly name / to locate an appropriate resource |
Explain | To make clear the meaning of / to describe something in more detail or reveal relevant facts or ideas related to it |
Compare | To note the similarities and differences between two or more things |
Estimate | To determine an approximate value for |
Calculate | To find the value using mathematics |
Convert | To change from one form or purpose to another |
Evaluate | To reach a conclusion or make a through careful study |
Interpret | To give the meaning of / to construe or understand / to translate orally |