nerdexam
AFP

CTP · Question #420

(Topic 5) A small import/export company, XYZ Company, has recently set up an account with a German firm. The contract between the companies states that XYZ is to be paid as soon as all documents are…

Sign in or unlock CTP to reveal the answer and full explanation for question #420. The question stem and answer options stay visible for context.

Question

  • (Topic 5)

A small import/export company, XYZ Company, has recently set up an account with a German firm. The contract between the companies states that XYZ is to be paid as soon as all documents are in order showing that the transaction terms have been met. Which of the following forms of payment drafts would be MOST appropriate for XYZ?

Options

  • APayable through
  • BSight
  • CTime
  • DPreauthorized

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