CTP Exam Results

Certified Treasury Professional Questions and Answers

Question 197

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:

I only

II and III only

I, II, and III only

II, III, and IV only

Question 198

In a large company, the financial planning function typically falls directly under the responsibility of the:

Options:

treasurer.

controller.

chief executive officer.

chief internal auditor.

Question 199

When a company creates future receivables and/or payables that are denominated in a currency other than its home or functional currency it is faced with:

Options:

economic exposure.

transaction exposure.

translation exposure.

futures risk exposure.

Question 200

A wholesale lockbox system does which of the following?

Options:

Relies on high speed automation

Provides information about invoices

Processes small dollar remittances

Requires standard scannable documents

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Certified Treasury Professional Questions and Answers

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CompTIA

Fortinet

Microsoft

Salesforce