nerdexam
AFP

CTP · Question #360

CTP Question #360: Real Exam Question with Answer & Explanation

Sign in or unlock CTP to reveal the answer and full explanation for question #360. The question stem and answer options stay visible for context.

Question

  • (Topic 4) The Treasurer of PJB Company is in charge of implementing new treasury management software. Without issuing any RFPs, the Treasurer hires a consulting company to install the software and program it to suit the company's needs. The Treasurer is responsible for approving the consultant's invoices for payment. Through conversation, the CFO discovered that the Treasurer's relative is one of the partners at the consulting company. The Treasurer was immediately terminated. What did the Treasurer MOST LIKELY violate?

Options

  • AThe corporate code of conduct
  • BSarbanes-Oxley controls
  • CThe Uniform Commercial Code
  • DTreasury operations procedures

Unlock CTP to see the answer

You've previewed enough free CTP questions. Unlock CTP for full answers, explanations, the timed quiz mode, progress tracking, and the master PDF. Question stem and options stay visible so you can still see what's on the exam.

Full CTP Practice