Use CTP Exam Dumps (2022 PDF Dumps) To Have Reliable CTP Test Engine
CTP PDF Recently Updated Questions Dumps to Improve Exam Score
NEW QUESTION 43
Which of the following companies would be MOST LIKELY to use a wholesale lockbox?
- A. A mortgage company
- B. A credit card company
- C. A cable television company
- D. A chemical company
Answer: D
NEW QUESTION 44
What is the premium (price) for an oil contract, if the following conditions are present?
LIBOR rate of 5% Out of the money cost of $3
Strike price is $4
In the money price of $1
Speculative premium of $2
- A. $3
- B. $7
- C. $7.35
- D. $5.25
Answer: B
NEW QUESTION 45
An analyst at XYZ United is in charge of setting up the bank accounts. Fraud is a major concern due to the analyst's past experience with previous employers. The analyst has estimated that the company will earn 3.7% on surplus cash. Surplus cash must be invested in short-term investment grade investments. The company's closest competitor earned 4.1% for its surplus cash in its latest fiscal year. What bank service should the analyst use to maximize the company's surplus cash?
- A. Controlled Disbursement
- B. Zero Balance Account
- C. Payable Through Draft
- D. Reverse Positive Pay
Answer: A
NEW QUESTION 46
Given a corporate tax rate of 34%, a tax-exempt yield of 7% is equivalent to a taxable yield of:
- A. 7.0%.
- B. 10.6%.
- C. 4.6%.
- D. 34.0%.
Answer: B
NEW QUESTION 47
Which of the following is indicative of a consolidated operation?
- A. Shared service center
- B. Transfer pricing agreements between subsidiaries
- C. Intracompany loans
- D. Offshore financing
Answer: A
NEW QUESTION 48
The company's monthly credit sales are in Table 1 and its receivables collection pattern is in Table
2. If this company wishes to achieve a second quarter (April-June) DSO of 60 days, what would its ending accounts receivable balance need to be?
Assume a 90-day quarter.
- A. $666,667
- B. $3,000,000
- C. $1,500,000
- D. $1,333,333
Answer: D
NEW QUESTION 49
Which of the following contributes MOST to the marketability of a security?
- A. An irrevocable letter of credit guarantee
- B. An investment-grade rating
- C. A large, active secondary market
- D. A return at or above the yield curve
Answer: C
NEW QUESTION 50
A company with $50 million in foreign assets decides to increase its foreign debt by $40 million for a debt ratio of 80%. This action will reduce which exposure?
- A. Transaction
- B. Hedged
- C. Translation
- D. Economic
Answer: C
NEW QUESTION 51
In an organization with personnel limitations, which of the following strategies should be considered to mitigate cash management system risk?
- A. Matching
- B. Verification
- C. Outsourcing
- D. Hedging
Answer: C
NEW QUESTION 52
Transmission of a file of items presented for payment by the payor bank to the issuing company is known as:
- A. reverse positive pay.
- B. positive pay.
- C. payor bank services.
- D. full reconciliation.
Answer: A
NEW QUESTION 53
Which of the following statements are true about the use of different discount rates for different types of projects?
I.Low-risk, short-term projects may be evaluated by using a short-term opportunity cost.
II.High-risk projects may be evaluated by using a discount rate that is greater than the company's normal opportunity cost.
III.A short-term investment (or borrowing) rate may be used as the company's short-term discount rate.
IV.The use of a lower discount rate for riskier projects forces riskier projects to earn higher rates of return.
- A. I, II, and III only
- B. I and IV only
- C. II, III, and IV only
- D. I and II only
Answer: A
NEW QUESTION 54
This question is based on the following data describing a company's actual deposits.
If a five-day moving average is used, what was the deposit forecast for day six?
- A. $85
- B. $90
- C. $75
- D. $110
Answer: B
NEW QUESTION 55
The PRIMARY goal of treasury management is to use which of the following efficiently?
- A. Net income
- B. Cash
- C. Equity
- D. Payment methods
Answer: B
NEW QUESTION 56
Which of the following can be related to a company's stock price?
- A. Return on Investment
- B. Economic Value Added
- C. Residual Income
- D. Operating Profit
Answer: B
NEW QUESTION 57
Exhibit:
What is the price to earnings ratio for Company ABC?
- A. 10.00
- B. 3.88
- C. 7.50
- D. 8.33
Answer: D
NEW QUESTION 58
A company has negotiated a credit facility with the following terms:
-$5,000,000 line of credit -$3,000,000 average borrowing -30 basis point commitment fee on unused portion of line -Interest rate on advances is 1-month LIBOR plus 4% -1-month LIBOR is currently 2% -Compensating balance requirement of 20% on the outstanding borrowings
What is the effective annual borrowing rate for the line of credit?
- A. 9.3%
- B. 6.0%
- C. 6.2%
- D. 7.8%
Answer: D
NEW QUESTION 59
Which of the following forms of payment is covered by Regulation CC?
- A. Credit card
- B. Check
- C. Debit card
- D. Cash
Answer: B
NEW QUESTION 60
......
CTP Dumps Full Questions with Free PDF Questions to Pass: https://www.lead2passed.com/AFP/CTP-practice-exam-dumps.html
Free Certified Treasury Professional CTP Official Cert Guide PDF Download: https://drive.google.com/open?id=1LiM3peZX3uI1iniLBQfmtPShcclb5TLv
