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 CFP professionals and FPSC Level 1 certificants 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 judgement through careful study |
|Interpret ||To give the meaning of / to construe or understand / to translate orally |