Attested CTP Dumps PDF Resource [2021]
Latest CTP Actual Free Exam Questions Updated 932 Questions
NEW QUESTION 90
A-Plus Company has made arrangements for a new insurance broker to provide products to its employees. Historically, A-Plus Company's employees made insurance payments via payroll deduction, but the new broker will be collecting payments from employees directly. What will the broker MOST LIKELY use to minimize collection float?
- A. ARC
- B. CCD
- C. PPD
- D. RCK
Answer: C
NEW QUESTION 91
A treasury project manager is tasked with improving day's sales outstanding. The company, a major retailer, sells 70% of its products to businesses. The project manager has convinced the Treasurer to proceed with purchasing $500,000 worth of equipment to convert the checks they receive to electronic form. What did the project manager overlook in making the decision?
- A. Accounts receivable conversion
- B. Credit card regulations
- C. NACHA rules
- D. Point-of-purchase check conversion
Answer: C
NEW QUESTION 92
Evaluating the liquidity needs of an organization is a function of:
- A. short-term investment yield forecasting.
- B. long-term cash flow forecasting.
- C. long-term investment yield forecasting.
- D. short-term cash flow forecasting.
Answer: D
NEW QUESTION 93
ABC Company is considering investing in new production technology. ABC has projected that the investment would add $5,000,000 in additional operating profit and that the resulting balance sheet would show $7,000,000 in long-term debt and $11,000,000 in total equity. ABC has a 34% tax rate and a 10% WACC. Which of the following is the investment's EVA?
- A. $2,200,000
- B. $3,500,000
- C. $1,500,000
- D. $3,300,000
Answer: C
NEW QUESTION 94
The executive management of a utility company would like to determine if it would be more cost effective to hire a third-party provider to handle its bill processing functions, which are currently internally operated. What formal selection method should the company use to obtain proposed solutions and detailed pricing from potential vendors?
- A. Bidder's conference
- B. Request for Proposal (RFP)
- C. Request for Information (RFI)
- D. Public solicitation
Answer: B
NEW QUESTION 95
Which of the following will exempt commercial paper from SEC registration?
I. A maturity of fewer than 270 days II. A rating grade of A-1 or P-1
III. Distribution through a licensed dealer
IV.
Backing by a U.S. bank letter of credit
- A. II, III, and IV only
- B. I only
- C. I and II only
- D. IV only
Answer: B
NEW QUESTION 96
Which of the following occurs when the U.S. dollar strengthens?
- A. Foreign exports become less competitive.
- B. Foreign exports become more competitive.
- C. Foreigners will purchase more U.S. goods.
- D. U.S. exports become more competitive.
Answer: B
NEW QUESTION 97
A real estate development company has excess cash that it would like to invest in one of its properties:
-Property A has shown an ROI of 40%, a residual income of $25,675, and an EVA of $32,678. -Property B has shown an ROI of 45%, a residual income of $27,635, and an EVA of $29,523. -Property C has shown an ROI of 55%, a residual income of $22,658, and an EVA of $30,678. -Property D has shown an ROI of 52%, a residual income of $19,675, and an EVA of $31,523.
In which property should the company invest?
- A. Property C
- B. Property A
- C. Property B
- D. Property D
Answer: B
NEW QUESTION 98
Which of the following statements is true about futures contracts?
- A. They can be created for any asset over any period of time and for any amount.
- B. Their margin requirements are normally 50%.
- C. They are marked-to-market on a daily basis.
- D. Their losses are limited to the initial investment divided by the margin requirement.
Answer: C
NEW QUESTION 99
ASC Topic 815 (FAS 133) is applicable when accounting for which of the following?
- A. Gain on an equity investment
- B. Purchase of a bond investment
- C. Market value of collateral
- D. Purchase of a forward
Answer: D
NEW QUESTION 100
When will a depositor receive ledger and collected credit for a western check deposited at
2:00 P.M. Wednesday?
Ledger Credit - Collected Credit
- A. Wednesday - Friday
- B. Thursday - Thursday
- C. Thursday - Friday
- D. Wednesday - Thursday
Answer: A
NEW QUESTION 101
An olive oil producer in Macedonia is arranging for shipment of its product to an international distributor. To support this activity, the company arranges for export financing because:
- A. the currency of the financing is different from the currency of the activity being financed.
- B. the time required to obtain approval is less than for commercial financing.
- C. no government involvement is required.
- D. the interest rate is lower than rates available from commercial sources.
Answer: D
NEW QUESTION 102
Which of the following situations is the best example of transaction exposure?
- A. A multinational corporation uses balance sheet hedging to reduce net exposure of the parent company.
- B. A U.S. headquartered firm consolidates their foreign subsidiary's financial statements into their home currency.
- C. A company that purchases raw materials locally and sells its products in local markets recently encountered foreign competition.
- D. A U.S. exporter sells merchandise to a French buyer and records a balance receivable with payment terms in euros due in three months.
Answer: D
NEW QUESTION 103
A treasury manager at a multinational manufacturing corporation assigned a team of analysts to re-engineer the company's FX exposure management program. Which of the following alternatives would BEST accomplish this objective?
- A. Re-invoicing
- B. Value dating
- C. Leading and lagging
- D. Transfer pricing
Answer: A
NEW QUESTION 104
A company is considering issuing debt in a market environment in which there is a larger than normal spread between high- and low-risk investments. Among several factors, what are the concerns regarding investor behavior that the treasurer will MOST need to consider?
- A. Matching maturity
- B. Flight to quality
- C. Capital structure
- D. Availability of collateral
Answer: B
NEW QUESTION 105
What type of insurance provides payments to an organization if it is unable to continue operations for some period due to an unforeseen event?
- A. Business interruption
- B. Property
- C. Difference in conditions
- D. Casualty
Answer: A
NEW QUESTION 106
XYZ Bank would like to conduct some foreign exchange transactions with JKL Bank. JKL isn't the most liquid and could have some credit risk. XYZ Bank should suggest which of the following in order to eliminate risk?
- A. Straight-through processing
- B. Continuous Linked Settlement
- C. Pre-authorized draft
- D. Forward rate contract
Answer: B
NEW QUESTION 107
Some treasury management systems are capable of initiating investment purchases and loan drawdowns automatically. The automating of these transactions is related to which of the following treasury management functions?
- A. Liquidity management
- B. Payment management
- C. Capital budget management
- D. International trade management
Answer: A
NEW QUESTION 108
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. II and III only
- B. I and IV only
- C. II and IV only
- D. I and III only
Answer: D
NEW QUESTION 109
As a result of the Sarbanes-Oxley Act, what new entity was established to sanction firms and individuals for audit violations?
- A. The Sarbanes-Oxley Review and Assessment Board
- B. The Auditing Review Board
- C. The Accounting Controls Advisory Board
- D. The Public Company Accounting Oversight Board
Answer: D
NEW QUESTION 110
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