CTP Exam Questions

- (Topic 9) In a partial reconciliation, a bank provides a company with which of the following?

- (Topic 9) A company has selected a specific project for investment. If the weighted average cost of capital (WACC) used to evaluate the project results in a negative net present...

- (Topic 9) private capital markets?

- (Topic 9) A cash manager wants to convert wire payments to ACH. Which of the following would NOT be a good application for ACH?

- (Topic 9) The Sarbanes-Oxley Act of 2002:

- (Topic 9) Company Sales Figures: 10% of sales collected in the current month of the sale 45% of sales collected in the month after the sale 30% of sales collected two months afte...

- (Topic 9) Which of the following is a PRIMARY responsibility of a company's risk management function?

- (Topic 9) Which of the following is an example of an intangible asset?

- (Topic 9) Which of the following is indicative of a consolidated operation?

- (Topic 9) A corporation is considering utilizing ACH transactions for its large value transfers, as opposed to wire transfers. Which of the following would MOST LIKELY deter the...

- (Topic 9) A company has made all required payments on its revolving credit facility but its debt to tangible net worth ratio violates the facility's covenant. What has occurred?

- (Topic 9) To arrive at the closing cash position, a cash manager must add the expected settlements in the collection and concentration accounts and deduct the projected disbursem...

- (Topic 9) Which of the following forms of payment is covered by Regulation CC?

- (Topic 9) Banks offer image exchange as a means to accelerate deposits for their customers. If a customer seeks to take advantage of this service, what should the customer implem...

- (Topic 9) In terms of targeting a company's capital structure, when is it beneficial to assume a high level of financial risk?

- (Topic 9) A company pays its vendors with the following methods: 2,600 checks, averaging $1,000 each, issued on the 15th of the month 1,000 ACH payments, averaging $2,000 each, o...

- (Topic 9) ABC Company is an energy-holding company which owns a number of regulated power utilities that have monopolies in different regions. The majority of the holding company...

- (Topic 9) Which of the following is an opportunity cost of maintaining excess liquidity?

- (Topic 9) Which of the following methods of compensation is NOT used by banks in the United States?

- (Topic 9) The main objective of a company's international cash management function is to:

- (Topic 9) What is the primary weakness of a risk management policy that includes risk control without specifically providing a plan for risk financing?

- (Topic 9) Which of the following will MOST LIKELY be affected when a company changes its terms from net 30 to 2/10 net 30?

- (Topic 9) In comparing the U.S. banking system and foreign banking systems, which of the following statements is true?

- (Topic 9) A company invests in a bond and then later agrees to sell the bond to a bank with the understanding that the company will buy the bond back at a later time. This is kno...

- (Topic 9) The owner of XYZ Company just completed an initial public offering. Which of the following is the MOST LIKELY outcome?

- (Topic 9) An organization must maintain adequate liquidity to meet:

- (Topic 9) Without regard to costs, which of the following concentration mechanisms maximizes investment income in a multi-bank environment?

- (Topic 9) An investment is purchased for $10,000.00 that offers compounding of the first year's interest and it matures at the end of year two. If the value at maturity is $11,66...

- (Topic 9) A major publicly owned U.S. airline announces that it can no longer meet its pension obligations. Which organization will assume control of the airline's pension plan?

- (Topic 9) A manufacturing company's long-term capital structure is 30% debt and 70% equity, its cost of equity is 10%, its average cost of debt is 8%, and the marginal tax rate i...

- (Topic 9) A Euro denominated payment can be settled through all of the following EXCEPT:

- (Topic 9) An international company with multiple divisions has several types of common stock. The company spun off a new division that is growing very quickly and needs additiona...

- (Topic 9) Recent improvements in the effectiveness of corporate governance are mostly due to the:

- (Topic 9) A Treasury Management System (TMS) is used to:

- (Topic 9) 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 facilit...

- (Topic 9) Whether through an active or passive decision by management, a risk management policy of control without financing results in:

- (Topic 9) Which of the following ASC X12 transactions is used to confirm the receipt and compliance of transmitted sets?

- (Topic 9) Which of the following is an intangible asset?

- (Topic 9) A financially sound company sends wires to investors in the morning but does not receive replacement funds until the afternoon. Which facility will the company MOST LIK...

- (Topic 9) Company A and Company X are small companies doing business with only one bank. Company A has monthly sales of approximately $1.1 million and Company X has sales of $750...

- (Topic 9) Which of the following situations is the best example of transaction exposure? into their home currency.

- (Topic 9) The USA Patriot Act has added significant amounts of overhead to financial transaction processing organizations to prevent money laundering. If an organization does NOT...

- (Topic 9) The risk of one bank failing and endangering the liquidity of other banks is called:

- (Topic 9) A company in a distressed financial condition may choose to use which of the following

- (Topic 9) All of the following are discounted instruments EXCEPT:

- (Topic 9) Treasury uses all of the following types of internal information EXCEPT:

- (Topic 9) Which of the following payment instruments is initiated by the payee rather than the payor?

- (Topic 9) A U.S. exporter has agreed to export goods to a Canadian buyer with net 30 payment terms due in Canadian dollars. What type of risk is the exporter exposed to?

- (Topic 9) Which of the following is an example of a typical passive investment strategy?

- (Topic 9) What government legislation holds the CEO of a public company personally liable for the information in financial reports?