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AFP Updated CTP Exam Questions and Answers by renzo

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AFP CTP Exam Overview :

Exam Name: Certified Treasury Professional
Exam Code: CTP Dumps
Vendor: AFP Certification: AFP Certification
Questions: 1076 Q&A's Shared By: renzo
Question 72

ABC Company is a national retail company and uses XYZ Bank for its collections and payroll services. XYZ has recently experienced financial problems; what is the greatest risk to ABC Company?

Options:

A.

Damage to their working relationship

B.

Deterioration of service quality

C.

Increase in service fees

D.

Loss of assets

Discussion
Inaaya
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Question 73

A company enters into a cash flow hedge to offset fluctuations in the value of foreign currency transactions occurring in two years. How should the company record the gains and/or losses on the cash flow hedge in the current year?

Options:

A.

The hedged gains and losses are reported in comprehensive income.

B.

The hedged gains and losses are reported in current period income.

C.

The hedged gains and losses are reported in current period income together with the offsetting gains and losses of the foreign currency.

D.

The hedged gains and losses are reported in comprehensive income together with the offsetting gains and losses of the foreign currency.

Discussion
Question 74

Which of the following is an important component of corporate governance?

Options:

A.

The existence of a large number of institutional investors

B.

The activities of independent outside auditors

C.

The existence of a matrix management structure

D.

The level of compliance with GAAP

Discussion
Question 75

A shareholder right found in many corporate charters is the preemptive right which provides:

Options:

A.

the right to purchase shares of new stock and maintain pro-rata ownership interest.

B.

the right to choose directors through cumulative voting.

C.

the right to prevent the company from setting certain board agenda items.

D.

the right of shareholders to choose the corporation’s auditor.

Discussion
Page: 18 / 80
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