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AFP Updated CTP Exam Questions and Answers by aylah

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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: aylah
Question 104

The CFO of a growing company has decided that it would be prudent to insure the company against potential loss from dishonest acts of employees. The treasurer has been given the responsibility of selecting and negotiating the type and amount of protection required. After analyzing the overall risk to the company, the treasurer decides that the greatest exposure to this type of risk is within the cash management function of the company. The MOST appropriate type of protection would be:

Options:

A.

fidelity.

B.

crime.

C.

blanket.

D.

fiduciary.

Discussion
Question 105

One of the PRIMARY ways the Fed addresses systemic risk is by:

Options:

A.

assigning passwords and PINs to identify authorized users of its Fedwire system.

B.

establishing intra-day credit limits for ACH originators.

C.

setting minimum reserve requirements for its member banks.

D.

setting daylight overdraft limits for its member banks.

Discussion
Question 106

In an organization with personnel limitations, which of the following strategies should be considered to mitigate cash management system risk?

Options:

A.

Outsourcing

B.

Verification

C.

Matching

D.

Hedging

Discussion
Question 107

The measurement of the significance of any loss exposure depends on:

Options:

A.

loss type and loss prevention.

B.

loss response and loss control.

C.

loss probability and loss history.

D.

loss frequency and loss type.

Discussion
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