Reliable CTP Study Materials | CTP Latest Dumps Sheet
Reliable CTP Study Materials | CTP Latest Dumps Sheet
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CTP Latest Dumps Sheet | Reliable CTP Exam Review
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AFP Certified Treasury Professional Sample Questions (Q331-Q336):
NEW QUESTION # 331
Major Manufacturing Inc. (MMI) is a manufacturer of customized restaurant equipment. MMI's supplier relations policy is to take advantage of trade discounts, when available. All suppliers offer payment terms of 1/10, net 30. MMI invoices customers at the end of its 30-day manufacturing cycle. Which of the following is the correct chronological sequence of the events listed?
1.Customer invoice is sent.
2.Supplier payment is sent.
3.Customer payment is received.
4.Order is shipped.
5.Customer order is received.
6.Supplier order is placed.
- A. 6, 5, 2, 4, 3, 1
- B. 5, 6, 2, 4, 1, 3
- C. 6, 5, 4, 2, 1, 3
- D. 5, 6, 4, 2, 3, 1
Answer: B
NEW QUESTION # 332
A company's Chief Financial Officer assigns a team reporting to the Treasurer to restructure the company's complex debt instruments and equipment leasing arrangements. The team executes the required settlement transactions using wire payments to facilitate the new debt structure, and in the process violates the lending requirements of the company's bank. What should the Treasurer have done to prevent the violation?
- A. Restricted access to the company's payment processing system.
- B. Segregated the team's duties for the debt structuring and transaction activities.
- C. Set up an exception management process.
- D. Established covenant monitoring and compliance controls.
Answer: D
NEW QUESTION # 333
All of the following bank products and services can simplify the preparation of the daily cash position EXCEPT:
- A. account analysis.
- B. controlled disbursement.
- C. balance reporting.
- D. ACH concentration.
Answer: A
NEW QUESTION # 334
Company X, a US based multi-national, is exploring the option of locating a subsidiary in another country where there has been some historical risk of expropriation of local assets of foreign corporations. Therefore, as part of the risk assessment process the company must specifically quantify the:
- A. political risk.
- B. financial institution risk.
- C. physical security risk.
- D. property risk.
Answer: A
NEW QUESTION # 335
A company's capital structure includes $800,000,000 in total capital, of which $200,000,000 comes from debt. The firm's after-tax cost of debt is 6%, and its cost of equity is 12%. The marginal tax rate is currently 40%. What is the company's weighted average cost of capital?
- A. 10.3%
- B. 10.5%
- C. 9.9%
- D. 10.8%
Answer: B
NEW QUESTION # 336
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