Pass the AFP Certification CTP Questions and answers with ExamsMirror

Which of the following can be exercised only on the expiration date?

Which of the following global cash concentration methods would be MOST appropriate for a company with operations in the United States, Germany, Mexico, and Japan?

Which report is MOST LIKELY to be a current-day information report?

A merchant presents 2 different batches of credit card transactions for processing, each batch has the same dollar value and number of transactions, but the fees are different. Which of the following explains why?

In most countries other than the United States, which of the following is used to compensate banks for services provided?

XYZ Corporation is presently a short-term borrower and uses a revolving line of credit with an interest rate of 7%. The Treasurer would like to reduce interest expense and increase liquidity without renegotiating the line of credit. Which of the following projects should the Treasurer support in order to achieve this objective as quickly as possible?

When establishing a retail collection system that accepts consumer debit cards, a company must comply with which Federal Reserve regulation?

Following the latest round of cost-cutting measures at ABC Corporation, the Treasury Department retained a headcount of 2 individuals. While the analyst was out sick, she gave her password to her Manager so that payments could be released via the bank’s wire transfer system. The Manager sent 3 wires out with incorrect banking instructions. The problem was not identified until the angry suppliers called several weeks later demanding payment. The corporation has not yet recovered the $130,000 sent to erroneous accounts. In this instance, which control failed for ABC Corp.?

On a daily basis, the cash manager is responsible for all of the following EXCEPT:

With the advent of the euro, many U.S. companies have seen a reduction in their number of foreign currency transactions. As a result, these U.S. companies have benefited from which of the following?

I. Reduced FX transaction costs

II. Consolidated banking relationships

III. Simplified exchange risk management

IV. Reduced need to monitor foreign political climates

A United States corporation purchases finished products from a German subsidiary and sells raw materials to the subsidiary several times in one month. To minimize foreign exchange transaction costs, the U.S. corporation's cash manager would MOST LIKELY use:

There are 31 calendar days in the month, and the opportunity cost of funds is 9%.

What is the annual cost of float for the batches listed?

All of the following are account reconciliation services EXCEPT:

The year-end income statement for a company is presented in Table 1. The balance sheet is presented in Table 2.

What is the company's return on equity?

A company's investment guidelines typically restrict all of the following EXCEPT:

A new retail chain has decided to offer 3 payment methods: cash, cards and checks. It was determined that card payments would be the biggest sales driver and projects have been scheduled accordingly. To be in line with this strategy, which of the following should be the priority?

A treasury employee of Company XYZ is privy to financial reporting information yet to be released to the public. He knows that year-end earnings exceed last year’s and would be viewed as positive to the investment community. He casually mentions to a relative that now would be a good time to buy the stock of Company XYZ. Which section of the treasury code of ethics would typically be violated by such a disclosure?

When using the Internet to access auction markets, companies may use certificate authorities to reduce their exposure to which of the following types of risk?

A company’s credit agreements or loan covenants may require:

Consolidation and specialization in the financial services industry have made financial institution and financial service provider selection a(n):