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Passed Exam Today CTP

Page: 6 / 35
Total 932 questions

Certified Treasury Professional Questions and Answers

Question 21

A corporate compliance officer is drafting an agenda for an ethics training session. Which of the following would NOT be an appropriate item to include?

Options:

A.

Discussion of recent cases involving unethical behavior

B.

Presentation of hypothetical situations and how to resolve them

C.

Review and analysis of the costs associated with ethics compliance

D.

Monitoring of a hotline to report governance violations

Question 22

Company XYZ had the following sales over the last 5 years:

The company raised funds to invest in its operations. Considering the company’s growth, it is interested in future options that will allow it to maintain its debt level and keep debt costs low. The company is not concerned about changes to the working capital structure. Which security did the company issue?

Options:

A.

Unsecured bond

B.

Bond with an equity kicker

C.

Zero-coupon bond

D.

Convertible security

Question 23

JMW Company processes its consumer payments using a lockbox provider. On average 35% of its remittance advices contain encoding errors. JMW Company’s cost for the lockbox provider to process these payments will be least impacted if it uses:

Options:

A.

wholesale lockbox.

B.

hybrid lockbox.

C.

direct lockbox.

D.

retail lockbox.

Question 24

EML Inc., which has $600 million in outstanding debt, is preparing to issue commercial paper in excess of $100 million within the next six months. The new assistant treasurer has recently spent time getting to know the issuing and paying agent, the rating agency analyst, and the legal counsel, and has been following the financial markets. What is this is an example of?

Options:

A.

Benchmarking with peers

B.

External collaboration

C.

Decentralized control

D.

Risk transfer

Page: 6 / 35
Total 932 questions