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CTP Certification Training & CTP Exam Dumps & CTP Study Guide
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AFP CTP certification exam covers a wide range of topics related to treasury management, including cash management, risk management, financial analysis, and treasury operations. CTP exam is designed to test candidates' knowledge and skills in these areas, and it is considered to be one of the most rigorous and comprehensive certification exams in the financial industry. Passing the AFP CTP Exam demonstrates a high level of proficiency and expertise in the field of treasury management, and it can help individuals advance their careers and increase their earning potential.
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The CTP certification program and exam provide a valuable opportunity for professionals to enhance their knowledge and skills in corporate treasury management. The CTP designation is highly respected in the industry and can lead to increased job opportunities, higher salaries, and greater professional recognition.
AFP Certified Treasury Professional Sample Questions (Q882-Q887):NEW QUESTION # 882
ABC Company offers trade terms of 2/10 NET 30. For several reasons, ABC has decided to eliminate the requirement for a letter of credit from one of its customers. If ABC puts the customer on open book credit, what is the MOST LIKELY outcome?
- A. ABC's credit rating will suffer.
- B. The customer's cost of borrowing will increase.
- C. ABC's working capital is unchanged.
- D. The customer's working capital has deteriorated.
Answer: C
NEW QUESTION # 883
What is the MOST appropriate definition of working capital?
- A. Current assets minus current liabilities
- B. Current liabilities plus equity
- C. Current assets minus fixed assets
- D. Current assets plus equity
Answer: A
NEW QUESTION # 884
Which of the following are KEY issues to be considered when establishing a shared service center (SSC)?
I) Selecting the location
II) Comparing an SSC structure to outsourcing of a process
III) Choosing and implementing the technology for SSC
IV) Choosing the collection bank
- A. II, III, and IV only
- B. I, II, and III only
- C. I and III only
- D. II and IV only
Answer: B
NEW QUESTION # 885
Check MICR line information includes which of the following?
I. Bank of deposit identification number
II. Payee bank identification number
III. Federal Reserve bank code
IV. Payor's account number
- A. III and IV only
- B. II, III, and IV only
- C. I, II, III, and IV
- D. I only
Answer: A
NEW QUESTION # 886
Which two of the following are methods for concentrating weekend deposits in a field deposit system?
1.Using a wire transfer for the funds on Monday 2.Anticipating deposits and initiating an ACH on Friday 3.Initiating an ACH cash concentration transaction on Thursday
4.Using a multibank lockbox network
- A. 1 and 3
- B. 2 and 4
- C. 1 and 2
- D. 2 and 3
Answer: C
NEW QUESTION # 887
......
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