AFP CTP - Certified Treasury Professional

A netting system can be used for all of the following EXCEPT:

A major toy retailer operates 65 retail stores throughout the Midwest. Which of the following credit terms is MOST LIKELY to be offered to this company by its suppliers?

The purpose of cash letters is to:

All of the following statements are true about loan participations EXCEPT:

Which of the following items would be classified as a source of cash on a company's statement of cash flow?

I. Selling, general, and administrative expense

II. Increase in accounts payable

III. Increase in inventory

IV. Depreciation expense

The future value of $60 invested at 8% compounded per year for three years is:

A company receives proceeds of $1,119,274 from the sale of $1,150,000 worth of commercial paper. The paper is outstanding for 95 days. If a 360-day year is used, the company's annual interest rate is closest to which of the following?

Which of the following is responsible for examining national banks?

A company uses a dividend capture strategy to:

Given a corporate tax rate of 34%, a tax-exempt yield of 7% is equivalent to a taxable yield of:

A residential mortgage company that wants to collect monthly payments from customers electronically via the ACH would initiate:

Which of the following is responsible for liquidating the assets of failed financial institutions?

Which of the following factors is NOT used by a cash manager to estimate a target compensating balance?

The time between the payor's mailing of a check and the payee's receipt of usable funds is known as:

Which of the following are interest-bearing instruments?

I. Certificates of deposit

II. Treasury bills

III. Treasury notes

IV. Banker's acceptances

Insurance companies often use which of the following payment instruments?

Which of the following would be the most efficient method of reducing the number of cross-border payments between two units of a company?

A prearranged ACH payment normally includes which of the following?

I. A fixed payment amount

II. A provision for immediate availability

III. A predetermined payment date

When a subsidiary borrows money, the parent, sister subsidiary, or other entity is often used in order to:

The credit management function is responsible for: