Free AFP CTP Exam Questions
Absolute Free CTP Exam Practice for Comprehensive Preparation
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AFP CTP Exam Questions
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Provided By: AFP
- Exam: Certified Treasury Professional
- Certification: AFP Certification
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Total Questions: 932
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Updated On: Jan 28, 2025
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Rated: 4.9 |
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Online Users: 1864
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Question 1
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ABC Company is an energy-holding company which owns a number of regulated power
utilities that have monopolies in different regions. The majority of the holding company’s
income is realized from investment portfolios. The company has done well and is going to
report its overallperformance to the public. What performance evaluation processes should
management use to measure portfolio performance?
Answer: B
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ABC Company is an energy-holding company which owns a number of regulated power
utilities that have monopolies in different regions. The majority of the holding company’s
income is realized from investment portfolios. The company has done well and is going to
report its overallperformance to the public. What performance evaluation processes should
management use to measure portfolio performance?
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Question 2
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Amalgamated Binding Consolidators takes 20 days to convert its raw materials to finished goods, 5 days to sell it, and 15 days to collect its credit sales. What is the company’s days
receivable period?
Answer: B
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Amalgamated Binding Consolidators takes 20 days to convert its raw materials to finished goods, 5 days to sell it, and 15 days to collect its credit sales. What is the company’s days
receivable period?
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Question 3
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A company is concerned that investor dissatisfaction could lead to a rapid change in its
board membership. To prevent this, which of the following strategies should the company
employ?
Answer: C
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A company is concerned that investor dissatisfaction could lead to a rapid change in its
board membership. To prevent this, which of the following strategies should the company
employ?
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Question 4
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Which of the following situations is the best example of transaction exposure?
Answer: C
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Which of the following situations is the best example of transaction exposure?
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Question 5
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LST Company is a publicly traded company with $120 million in sales. Historically, LST
does not extend credit to customers beyond net 45 terms. To help promote sale of a new
product introduced into the market this year, LST offered financing terms to customers
purchasing the new product. As a result, sales increased by 15% from the prior year and
accounts receivable increased by 5%. At the end of their fiscal year LST had a $15 million
sale to a new customer that was recorded as a note receivable. LST recognizes revenue
when goods leave the facility. During the financial audit the auditors discovered that the
customer did not receive the product until three days after the year-end. Under GAAP
accounting, the auditors would MOST LIKELY render a(n):
Answer: C
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LST Company is a publicly traded company with $120 million in sales. Historically, LST
does not extend credit to customers beyond net 45 terms. To help promote sale of a new
product introduced into the market this year, LST offered financing terms to customers
purchasing the new product. As a result, sales increased by 15% from the prior year and
accounts receivable increased by 5%. At the end of their fiscal year LST had a $15 million
sale to a new customer that was recorded as a note receivable. LST recognizes revenue
when goods leave the facility. During the financial audit the auditors discovered that the
customer did not receive the product until three days after the year-end. Under GAAP
accounting, the auditors would MOST LIKELY render a(n):