최신 CTP 무료덤프 - AFP Certified Treasury Professional
A company decided to lease a car 4 years ago for its daily driving business. The company maintained the car as per the lease agreement. Last year, the company decided to expand into event hosting and experienced an increase in business, especially when hosting overnight events. The company decided to purchase a minivan and return the car at lease expiration. When returning the car, the company had to pay $1,500 to the lessor.
What was the MOST LIKELY cause of the additional expense?
What was the MOST LIKELY cause of the additional expense?
정답: B
What is the reserve-requirements provision of the Federal Reserve Act of 1913 known as?
정답: D
What is the MOST appropriate rate used as the discount rate in calculating NPV?
정답: B
XYZ Company is interested in issuing a bond to finance a new venture opportunity. The new venture is not expected to generate any cash flow for several years. Because of this, XYZ Company would prefer to issue a bond that does not require interest payments. What type of bond should XYZ Company issue?
정답: C
The USA Patriot Act has added significant amounts of overhead to financial transaction processing organizations to prevent money laundering. If an organization does NOT comply with the terms of this act, what external risk is it exposed to?
정답: C
Assume the cost of an ACH transaction is $0.80, the charges for a wire transfer are $30.00, the monthly account maintenance fee is $10.00, and the company earns interest at an annual rate of 1.825% on overnight investments. What is the break-even point where the interest earned on overnight investments offsets the incremental wire costs?
정답: D
As an internal control tool, what does the matching of an invoice to the original purchase confirm?
정답: D
Senior management at ABC Company plans to make a large capital expenditure to bolster its infrastructure exactly one year from now. Their primary concern is to preserve the current capital position until the expected cash outlay. The majority of the cash at ABC Company is held in treasury notes, but management would like to also invest some of the money into corporate bonds and money market funds. Which investment objective BEST suits the needs of ABC Company?
정답: C
A company which experiences increased business volumes but a minimal increase in profitability MOST LIKELY has:
정답: A
The Treasury Department of ABC Corporation has been working hard to prevent external fraud from impacting its operating bank accounts. Recently, they implemented protective services on their disbursement accounts. This morning, the treasury analyst realized that an expected sales tax payment to the state of Maryland had not occurred. The analyst knew that it had been successfully initiated yesterday. Which service used by the corporation may need to be adjusted to pay the state of Maryland?
정답: D
A netting system can be used for all of the following EXCEPT:
정답: C
A company uses the maturity matching strategy. Fluctuating current assets have increased. What is the likely impact to its line of credit?
정답: C
An analyst at XYZ United is in charge of setting up the bank accounts. Fraud is a major concern due to the analyst's past experience with previous employers. The analyst has estimated that the company will earn 3.7% on surplus cash. Surplus cash must be invested in short-term investment grade investments. The company's closest competitor earned 4.1% for its surplus cash in its latest fiscal year. What bank service should the analyst use to maximize the company's surplus cash?
정답: B
Which of the following is an example of a financial derivative?
정답: D
Company M operates a grocery distribution business on Main Street. As part of its business continuity plan, Company M intends to purchase insurance to cover the facility lease for its Main Street warehouse in the event it cannot operate for a period of time. What type of coverage should Company M purchase?
정답: A
ABC, Inc. is a pharmaceutical company operating globally. Which of the following payment methods is arranged from the most seller protection to the least?
정답: A
Which of the following are reasons for companies to use controlled disbursement?
I. To obtain timely check presentment information
II. To enhance supplier relationships
III. To increase their available cash
IV. To improve their overall creditworthiness
I. To obtain timely check presentment information
II. To enhance supplier relationships
III. To increase their available cash
IV. To improve their overall creditworthiness
정답: D