Pass4Test peut offrir nombreux de documentations aux candidats de test AFP CTP, et aider les candidats à réussir le test. Les marétiaux visés au test AFP CTP sont tout recherchés par les experts avec leurs connaissances professionnelles et les expériences. Les charactéristiques se reflètent dans la bonne qualité de Q&A, la vitesse de la mise à jour. Le point plus important est que notre Q&A est laquelle le plus proche du test réel. Pass4Test peut vous permettre à réussir le test AFP CTP 100%.
Le test AFP CTP est test certification très répandu dans l'industrie IT. Vous pourriez à améliorer votre niveau de vie, l'état dans l'industrie IT, etc. C'est aussi un test très rentable, mais très difficile à réussir.
Le programme de formation AFP CTP offert par Pass4Test comprend les exercices et les test simulation. Vous voyez aussi les autres sites d'offrir l'outil de formation, mais c'est pas difficile à découvrir une grand écart de la qualité entre Pass4Test et les autres fournisseurs. Celui de Pass4Test est plus complet et convenable pour la préparation dans une courte terme.
Vous pouvez télécharger le démo gratuit pour prendre un essai. Vous aurez plus confiance sur Pass4Test. N'hésitez plus à choisir la Q&A AFP CTP comme votre guide d'étude.
Est-ce que vous vous souciez encore pour passer le test AFP CTP? Pourquoi pas choisir la formation en Internet dans une société de l'informatique. Un bon choix de l'outil formation peut résoudre le problème de prendre grande quantité de connaissances demandées par le test AFP CTP, et vous permet de préparer mieux avant le test. Les experts de Pass4Test travaillent avec tous efforts à produire une bonne Q&A ciblée au test AFP CTP. La Q&A est un bon choix pour vous. Vous pouvez télécharger le démo grantuit tout d'abord en Internet.
Le guide d'étude sorti de Pass4Test comprend les expériences résumées par nos experts, les matériaux et les Q&As à propos de test Certification AFP CTP. Notre bonne réputation dans l'industrie IT sera une assurance 100% à réussir le test AFP CTP. Afin de vous permettre de choisir Pass4Test, vous pouvez télécharger gratuitement le démo de Q&A tout d'abord.
Pass4Test est un site de vous ramener au succès. Pass4Test peut vous aider à promouvoir les connaissances essentielles pour le test AFP CTP et passer le test à la première fois.
Code d'Examen: CTP
Nom d'Examen: AFP (Certified Treasury Professional )
Questions et réponses: 612 Q&As
CTP Démo gratuit à télécharger: http://www.pass4test.fr/CTP.html
NO.1 Which one of the following ties a user ¯ s p ri va t e key t o a use¡ ¯s pu b l ic key
A. A digital signature
B. A digital certificate
C. A digitized signature
D. A digital token
Answer: B
certification AFP CTP examen certification CTP
NO.2 A company plans to issue additional equity within the next 12 months but needs to issue debt at a low
interest rate now. Which of the following instruments would BEST meet this objective?
A. Convertible bonds
B. Private placement issue
C. Preferred stock
D. Subordinated debentures
Answer: A
AFP CTP certification CTP CTP certification CTP CTP
NO.3 Account analysis statements should be examined for which of the following reasons?
I. To verify volumes processed
II. To determine daily cash shortages
III. To verify the accuracy of bank service charges
IV. To ensure that company-initiated transactions have occurred
A. I and IV only
B. I and III only
C. II and III only
D. II and IV only
Answer: B
AFP certification CTP certification CTP
NO.4 Which of the following is a characteristic of giro systems used in countries in Europe?
A. They operate through their postal systems.
B. They are primarily used for company-to-company payments.
C. They do not replace checks for the payment of bills.
D. They do not allow the use of direct debits and credits.
Answer: A
AFP certification CTP CTP CTP examen
NO.5 A French company conducts business strictly within the euro zone (the EMU). Which type of risk is of
LEAST concern?
A. Terrorist
B. Regulatory
C. Payment
D. Currency
Answer: D
AFP examen CTP examen CTP certification CTP CTP
NO.6 A company is based in the United States and has an operating subsidiary in Germany. With a stable
U.S. dollar and a depreciating euro, the company's cash manager may elect to:
A. pool excess funds in the United States to offset German deficits.
B. implement a dollar-based multilateral netting system.
C. start leading receivables from the German subsidiary.
D. establish a multicurrency account in the United States.
Answer: C
AFP examen CTP certification CTP
NO.7 An optimal concentration system minimizes all of the following EXCEPT:
A. administrative costs.
B. disbursement float.
C. excess balances.
D. transfer costs.
Answer: B
AFP certification CTP CTP CTP CTP
NO.8 A bank issues a letter of credit (L/C) and receives a request for payment under the L/C. The buyer
notifies the issuing bank not to make payment because there is a dispute over the quality of the
merchandise. However, the documents received fully comply with the terms of the L/C. Which of the
following statements is true?
A. The buyer may immediately return the merchandise and cancel the L/C.
B. The bank may delay payment until reimbursed by the buyer.
C. The bank may delay payment, provided the seller is notified of the dispute within three business days.
D. The bank must make payment and is entitled to immediate reimbursement from the buyer.
Answer: D
AFP examen CTP CTP CTP
NO.9 An instrument that gives the right to buy a stated number of shares of common stock at a specified price
is known as:
A. an equity warrant
B. a put option
C. a zero coupon bond
D. a subordinated debenture
Answer: A
AFP certification CTP CTP CTP CTP
NO.10 Netting is used by which of the following as a cross-border payment technique?
A. European giro providers
B. Foreign subsidiaries of a company
C. Counterparties in a letter of credit transaction
D. TARGET participants
Answer: B
AFP examen CTP CTP CTP
NO.11 In a typical swap transaction, two parties agree to exchange:
A. notional principal amounts.
B. amortization schedules.
C. maturity dates of obligations.
D. cash flows at future points in time.
Answer: D
AFP CTP examen CTP CTP examen certification CTP CTP
NO.12 The KEY decision in using CCD+ and CTX formats for B2B payments is:
A. whether to keep the payment and remittance information together or separate.
B. whether to use the Internet or an EDI spoke to transmit electronic payments.
C. whether to use an EDI or a UN/EDIFACT protocol to transfer the value electronically.
D. whether an evaluated receipts or paid-on-production technique is being used for the transfer.
Answer: A
AFP examen certification CTP CTP CTP
NO.13 On the basis of the following exchange rates,
which of the following currency amounts has the greatest value in U.S. dollars?
A. C$750,000
B. ¡ê850,00
C. 900,000
D. £¤5,000,000
Answer: B
certification AFP CTP certification CTP
NO.14 Which of the following instruments simplifies the paperwork connected with loans that have multiple
advance features?
A. Master note
B. Banker's acceptance
C. Indenture agreement
D. Note purchase agreement
Answer: A
certification AFP CTP CTP examen
NO.15 A put option on a company's stock has an exercise price of $20. On the delivery date, the stock is
trading at $24 per share. What should the investor who has paid $2 for the option do?
A. Not exercise the option and lose $2.
B. Not exercise the option and lose $6.
C. Exercise the option and gain $2.
D. Exercise the option and gain $4.
Answer: A
AFP certification CTP CTP
NO.16 In which of the following international cash management methods is title for goods transferred for
intercompany sales?
A. Pooling
B. Internal factoring
C. Multilateral netting
D. Re-invoicing
Answer: D
certification AFP certification CTP CTP examen
NO.17 Which of the following are important uses of variance analysis in comparing actual cash flows with
projected cash flows?
I. Identifying unanticipated changes in inventory
II. Enhancing short-term investment income
III. Validating a capital budget
IV. Identifying delays in accounts receivable collections
A. I and II only
B. I and IV only
C. II and IV only
D. I, II, III, and IV
Answer: B
certification AFP certification CTP CTP examen certification CTP CTP
NO.18 An arrangement in which a borrower makes periodic payments to a separate custodial account that is
used to repay debt is known as a:
A. sinking fund
B. balloon payment
C. mortgage
D. zero-coupon bond
Answer: A
certification AFP CTP CTP examen certification CTP CTP examen
NO.19 A call option for a company has an exercise price of $50. The stock is currently trading at $60. At
maturity, what should an investor who paid $3 for the option do?
A. Exercise the option and gain $7.
B. Exercise the option and gain $10.
C. Not exercise the option and lose $3.
D. Not exercise the option and lose $13.
Answer: A
AFP certification CTP CTP CTP
NO.20 A Chicago meat processor is concerned about the volatility of pork belly prices. Which of the following
derivative products would be used to fix these prices within a given range?
A. Collar
B. Swap
C. Cap
D. Spot purchase
Answer: A
certification AFP CTP CTP CTP certification CTP
Si vous hésitez encore à nous choisir, vous pouvez tout d'abord télécharger le démo gratuit dans le site Pass4Test pour connaître mieux la fiabilité de Pass4Test. Nous avons la confiance à vous promettre que vous allez passer le test AFP CTP à la première fois.
