Month End Sale 70% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: save70

Download Full Version CTP AFP Exam

Page: 14 / 81
Total 1076 questions

Certified Treasury Professional Questions and Answers

Question 53

ACCOUNTS RECEIVABLE AT THE END OF MARCH

On the basis of the accounts receivable balance pattern above and April sales of $600, the cash flow forecast for April is:

Options:

A.

$440.

B.

$715.

C.

$875.

D.

$925.

Question 54

A digital signature cannot be forged if:

Options:

A.

the private key is never shared with anyone.

B.

maintained by a certificate authority.

C.

it has undergone authentication.

D.

it is RSA-encrypted.

Question 55

Which method of financing would a company use to establish a wholly owned subsidiary to perform credit operations and obtain accounts receivable financing for the sale of products?

Options:

A.

Third party financing

B.

Captive finance company

C.

Factoring department

D.

Securitization

Question 56

Company A has operated a Pension Plan since 1985. Despite a recent surge in asset values, the plan remains significantly underfunded. With the passage of the Pension Protection Act of 2006, Company A will be need to:

Options:

A.

increase long-term investments.

B.

liquidate long-term investments.

C.

pay higher PBGC premiums.

D.

take no action.

Page: 14 / 81
Total 1076 questions