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AFP CTP (Certified Treasury Professional) Certification Exam is a widely recognized professional certification that assesses the knowledge and skills of treasury professionals. It is designed to validate the competency of treasury professionals and enhance their professional growth. Professionals who pass the exam are awarded the CTP credential, which is a mark of excellence in the field of treasury management.
CTP Test Prep - Cert CTP GuideWith the development of computer hi-tech, the computer application is widely used in recent years. The demand of the higher position about computer is increasing. CTP exam vce files help people who are interested in AFP company. If you have a useful certification, you will have outstanding advantage over other applicants while interviewing. Our CTP Exam Vce files help you go through examination and get certifications. AFP Certified Treasury Professional Sample Questions (Q266-Q271):NEW QUESTION # 266
Which of the following is LEAST important when a cash manager determines a company's short-term cash position?
A. Receipts and disbursements forecasts
B. Disbursement clearing patterns
C. Pro forma financial statements
D. Payments of dividends
Answer: C
NEW QUESTION # 267
An internal auditor discovers that employees can enter and approve their own wire transfers. This practice violates what internal control?
A. Appropriate monitoring of covenant compliance
B. Proper authorization of investment transactions
C. Accurate reporting of cash transactions
D. Adequate segregation of duties
Answer: D
NEW QUESTION # 268
Future treasury operations will be affected MOST significantly by consolidation of which of the following?
A. Commercial banking industry
B. Competitors
C. Subsidiaries
D. Procurement cards
Answer: A
NEW QUESTION # 269
Company XYZ's government relations team has done a poor job in maintaining and nurturing its relationship with the local government. Because of new business ventures it is pursuing, the company needs a method that will help it monitor and collect international accounts receivables between subsidiaries. What technique is more suited given its situation?
A. Internal factoring
B. Bilateral netting
C. Re-invoicing
D. Multilateral netting
Answer: A
NEW QUESTION # 270
XYZ Inc. is a publicly traded company with revenues of $1B and an operating profit of 7.5%. The treasury organization consists of a treasurer and an assistant treasurer. The assistant treasurer is responsible for the creation and approval of all payments. The treasurer is responsible for compilation of the financial statements.
Under Section 404 of the Sarbanes-Oxley Act, what should be viewed as a concern?
A. Signature on SEC Form 10-K
B. Segregation of duties
C. Subcertification
D. Audit committee governance
Answer: B
NEW QUESTION # 271
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