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AFP CTP Exam With Confidence Using Practice Dumps

Exam Code:
CTP
Exam Name:
Certified Treasury Professional
Certification:
Vendor:
Questions:
932
Last Updated:
Dec 22, 2024
Exam Status:
Stable
AFP CTP

CTP: AFP Certification Exam 2024 Study Guide Pdf and Test Engine

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Certified Treasury Professional Questions and Answers

Question 1

The combination of difference in condition (DIC) insurance and umbrella insurance:

Options:

A.

transfers risk to a company’s captive insurance subsidiary.

B.

replaces the coverage provided by basic property and liability insurance.

C.

supplements the coverage provided by basic property and liability insurance.

D.

provides payments to a company in the event it is unable to pursue a line of business due to an unforeseen event.

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Question 2

The term "factoring" refers to a:

Options:

A.

mathematical formula used in calculating bond prices.

B.

short-term financing method.

C.

reduction of bank fees related to volume.

D.

Federal Reserve Open Market Committee activity.

Question 3

A lockbox provider offers which of the following advantages over a company processing center?

I. It increases the company's operational control.

II. It produces processing economies of scale.

III. It allows for external audit controls.

IV. It reduces collection float.

Options:

A.

I only

B.

II and III only

C.

I, II, and III only

D.

II, III, and IV only