Free download of the best AFP certification CTP exam training materials

Pass4Test is a website to meet the needs of many customers. Some people who used our simulation test software to pass the IT certification exam to become a Pass4Tes t repeat customers. Pass4Test can provide the leading AFP training techniques to help you pass AFP certification CTP exam.

Feedbacks of many IT professionals who have passed AFP certification CTP exam prove that their successes benefit from Pass4Test's help. Pass4Test's targeted test practice questions and answers to gave them great help, which save their valuable time and energy, and allow them to easily and smoothly pass their first AFP certification CTP exam. So Pass4Test a website worthy of your trust. Please select Pass4Test, you will be the next successful IT person. Pass4Test will help you achieve your dream.

In real life, every great career must have the confidence to take the first step. When you suspect your level of knowledge, and cramming before the exam, do you think of how to pass the AFP CTP exam with confidence? Do not worry, Pass4Test is the only provider of training materials that can help you to pass the exam. Our training materials, including questions and answers, the pass rate can reach 100%. With Pass4Test AFP CTP exam training materials, you can begin your first step forward. When you get the certification of AFP CTP exam, the glorious period of your career will start.

Exam Code: CTP

Exam Name: AFP (Certified Treasury Professional )

It's better to hand-lit own light than look up to someone else's glory. Pass4Test AFP CTP exam training materials will be the first step of your achievements. With it, you will be pass the AFP CTP exam certification which is considered difficult by a lot of people. With this certification, you can light up your heart light in your life. Start your new journey, and have a successful life.

Pass4Test is a website which can give much convenience and meet the needs and achieve dreams for many people participating IT certification exams. If you are still worrying about passing some IT certification exams, please choose Pass4Test to help you. Pass4Test can make you feel at ease, because we have a lot of IT certification exam related training materials with high quality, coverage of the outline and pertinence, too, which will bring you a lot of help. You won't regret to choose Pass4Test, it can help you build your dream career.

The curtain of life stage may be opened at any time, the key is that you are willing to show, or choose to avoid. Most of People who can seize the opportunityin front of them are successful. So you have to seize this opportunity of Pass4Test. Only with it can you show your skills. Pass4Test AFP CTP exam training materials is the most effective way to pass the certification exam. With this certification, you will achieve your dreams, and become successful.

CTP Free Demo Download: http://www.pass4test.com/CTP.html

NO.1 Which of the following is a characteristic of giro systems used in countries in Europe?
A. They operate through their postal systems.
B. They are primarily used for company-to-company payments.
C. They do not replace checks for the payment of bills.
D. They do not allow the use of direct debits and credits.
Answer: A

AFP exam prep   CTP braindump   CTP   CTP dumps

NO.2 An instrument that gives the right to buy a stated number of shares of common stock at a specified price
is known as:
A. an equity warrant
B. a put option
C. a zero coupon bond
D. a subordinated debenture
Answer: A

AFP   CTP certification   CTP   CTP test questions   CTP

NO.3 A company is based in the United States and has an operating subsidiary in Germany. With a stable
U.S. dollar and a depreciating euro, the company's cash manager may elect to:
A. pool excess funds in the United States to offset German deficits.
B. implement a dollar-based multilateral netting system.
C. start leading receivables from the German subsidiary.
D. establish a multicurrency account in the United States.
Answer: C

AFP dumps   CTP exam simulations   CTP exam dumps   CTP

NO.4 The KEY decision in using CCD+ and CTX formats for B2B payments is:
A. whether to keep the payment and remittance information together or separate.
B. whether to use the Internet or an EDI spoke to transmit electronic payments.
C. whether to use an EDI or a UN/EDIFACT protocol to transfer the value electronically.
D. whether an evaluated receipts or paid-on-production technique is being used for the transfer.
Answer: A

AFP pdf   CTP   CTP study guide   CTP   CTP

NO.5 An optimal concentration system minimizes all of the following EXCEPT:
A. administrative costs.
B. disbursement float.
C. excess balances.
D. transfer costs.
Answer: B

AFP study guide   CTP braindump   CTP   CTP

NO.6 Netting is used by which of the following as a cross-border payment technique?
A. European giro providers
B. Foreign subsidiaries of a company
C. Counterparties in a letter of credit transaction
D. TARGET participants
Answer: B

AFP   CTP   CTP   CTP exam simulations

NO.7 Account analysis statements should be examined for which of the following reasons?
I. To verify volumes processed
II. To determine daily cash shortages
III. To verify the accuracy of bank service charges
IV. To ensure that company-initiated transactions have occurred
A. I and IV only
B. I and III only
C. II and III only
D. II and IV only
Answer: B

AFP exam simulations   CTP   CTP   CTP   CTP original questions   CTP

NO.8 Which one of the following ties a user ¯ s p ri va t e key t o a use¡ ¯s pu b l ic key
A. A digital signature
B. A digital certificate
C. A digitized signature
D. A digital token
Answer: B

AFP   CTP dumps   CTP

NO.9 A Chicago meat processor is concerned about the volatility of pork belly prices. Which of the following
derivative products would be used to fix these prices within a given range?
A. Collar
B. Swap
C. Cap
D. Spot purchase
Answer: A

AFP   CTP test   CTP exam   CTP

NO.10 A put option on a company's stock has an exercise price of $20. On the delivery date, the stock is
trading at $24 per share. What should the investor who has paid $2 for the option do?
A. Not exercise the option and lose $2.
B. Not exercise the option and lose $6.
C. Exercise the option and gain $2.
D. Exercise the option and gain $4.
Answer: A

AFP   CTP braindump   CTP exam dumps   CTP exam prep

NO.11 A call option for a company has an exercise price of $50. The stock is currently trading at $60. At
maturity, what should an investor who paid $3 for the option do?
A. Exercise the option and gain $7.
B. Exercise the option and gain $10.
C. Not exercise the option and lose $3.
D. Not exercise the option and lose $13.
Answer: A

AFP   CTP demo   CTP   CTP questions   CTP demo

NO.12 On the basis of the following exchange rates,
which of the following currency amounts has the greatest value in U.S. dollars?
A. C$750,000
B. ¡ê850,00
C. 900,000
D. £¤5,000,000
Answer: B

AFP exam simulations   CTP certification   CTP   CTP

NO.13 An arrangement in which a borrower makes periodic payments to a separate custodial account that is
used to repay debt is known as a:
A. sinking fund
B. balloon payment
C. mortgage
D. zero-coupon bond
Answer: A

AFP exam dumps   CTP exam simulations   CTP   CTP study guide

NO.14 In a typical swap transaction, two parties agree to exchange:
A. notional principal amounts.
B. amortization schedules.
C. maturity dates of obligations.
D. cash flows at future points in time.
Answer: D

AFP answers real questions   CTP   CTP   CTP demo   CTP certification

NO.15 Which of the following are important uses of variance analysis in comparing actual cash flows with
projected cash flows?
I. Identifying unanticipated changes in inventory
II. Enhancing short-term investment income
III. Validating a capital budget
IV. Identifying delays in accounts receivable collections
A. I and II only
B. I and IV only
C. II and IV only
D. I, II, III, and IV
Answer: B

AFP   CTP study guide   CTP study guide

NO.16 Which of the following instruments simplifies the paperwork connected with loans that have multiple
advance features?
A. Master note
B. Banker's acceptance
C. Indenture agreement
D. Note purchase agreement
Answer: A

AFP   CTP exam dumps   CTP   CTP braindump   CTP certification training

NO.17 In which of the following international cash management methods is title for goods transferred for
intercompany sales?
A. Pooling
B. Internal factoring
C. Multilateral netting
D. Re-invoicing
Answer: D

AFP braindump   CTP dumps   CTP   CTP

NO.18 A bank issues a letter of credit (L/C) and receives a request for payment under the L/C. The buyer
notifies the issuing bank not to make payment because there is a dispute over the quality of the
merchandise. However, the documents received fully comply with the terms of the L/C. Which of the
following statements is true?
A. The buyer may immediately return the merchandise and cancel the L/C.
B. The bank may delay payment until reimbursed by the buyer.
C. The bank may delay payment, provided the seller is notified of the dispute within three business days.
D. The bank must make payment and is entitled to immediate reimbursement from the buyer.
Answer: D

AFP braindump   CTP   CTP

NO.19 A French company conducts business strictly within the euro zone (the EMU). Which type of risk is of
LEAST concern?
A. Terrorist
B. Regulatory
C. Payment
D. Currency
Answer: D

AFP   CTP test   CTP

NO.20 A company plans to issue additional equity within the next 12 months but needs to issue debt at a low
interest rate now. Which of the following instruments would BEST meet this objective?
A. Convertible bonds
B. Private placement issue
C. Preferred stock
D. Subordinated debentures
Answer: A

AFP study guide   CTP questions   CTP exam simulations   CTP