AFP CTP Based on Real Exam Environment

Certified Treasury Professional Questions and Answers

Question 137

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

Options:

transfers risk to a company’s captive insurance subsidiary.

replaces the coverage provided by basic property and liability insurance.

supplements the coverage provided by basic property and liability insurance.

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

Question 138

A large U.S. company is planning to fund its Canadian subsidiary. Currently, the Canadian dollar is trading at CAD 1.25 per U.S. dollar, and the U.S. dollar is expected to depreciate in the near term. To manage this FX exposure, what technique should the company implement?

Options:

Leading

Re-invoicing

Lagging

Multicurrency accounts

Question 139

Two critical factors in determining an operational risk management strategy for a company are:

Options:

organizational culture and technology.

industry standards and competition.

technology and data security.

physical security and the number of manual processes.

Question 140

An accounts payable manager has been mandated to accept all trade discount opportunities with an effective cost of discount above 25%. An invoice has been presented and approved for payment with terms of 3/5, net 30 days. What is the difference between the effective cost of discount offered, and the 25% rate set by the company?

Options:

14%

17%

20%

22%

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Certified Treasury Professional Questions and Answers

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CompTIA

Fortinet

Microsoft

Salesforce