Newly Released AFP CTP Exam PDF

Certified Treasury Professional Questions and Answers

Question 145

The PRIMARY objective of a corporation is to:

maximize value to shareholders.

maximize cash inflows.

minimize the cost of capital.

maintain adequate liquidity.

Question 146

Which of the following factors will allow a company to decrease the amount of collected balances required to compensate its bank for services?

An increase in the bank's earnings credit rate

An increase in the bank's reserve requirement

An increase in FDIC insurance charges

A carry-over of a prior period's deficient balance

Question 147

In a large company, the person who normally oversees both the treasury and the accounting functions is the:

treasurer.

chief operations officer.

chief financial officer.

controller.

Question 148

Which of the following ACH formats is commonly used for consumer payments such as deposits of payroll?

CCD

CTX

PPD

TXP