AFP
CTP · Question #721
(Topic 8) The cash manager for a company is creating a list of transactions that should be considered when determining the daily projected closing cash position. Which of the following transactions…
The correct answer is D. Future-dated wire transfers and disbursements. See the full explanation below for the reasoning.
Question
- (Topic 8)
The cash manager for a company is creating a list of transactions that should be considered when determining the daily projected closing cash position. Which of the following transactions should be removed from the list?
Options
- AControlled disbursement totals
- BEstimates of non-controlled disbursement account clearings
- CExpected settlements in collection (lockbox)
- DFuture-dated wire transfers and disbursements
How the community answered
(19 responses)- A16% (3)
- B11% (2)
- C5% (1)
- D68% (13)
Community Discussion
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