AFP CTP - Certified Treasury Professional

An increasing number of multinational companies have adopted formal multilateral netting systems for which of the following reasons?

Cash management services commonly used outside the United States include which of the following?

I. Interest-bearing deposit accounts

II. Controlled disbursement systems

III. Pooling of bank accounts

Which of the following companies would be MOST LIKELY to use a wholesale lockbox?

Compared to debt, which of the following statements is true about a company issuing equity?

A company that is issuing a new class of stock would use the services of a(n):

Which of the following functions is LEAST likely to be part of a cash manager's responsibilities?

The ACH system eliminates float because the:

Which of the following clears international checks?

Which of the following contributes MOST to the marketability of a security?

Components of a field banking system include which of the following?

I. Local bank

II. Concentration bank

III. Lockbox bank

Which of the following statements is true about a forward foreign exchange contract?

A convenience store chain would typically use which of the following types of collection systems?

A manufacturing company begins using just-in-time (JIT) inventory management. Which JIT-related payment process is MOST LIKELY to be implemented?

The treasury objectives of Company ABC are to ensure liquidity and produce a profit. The board of directors is allowing the treasury department to actively take a position on the direction of the market to make a profit. Which strategy is the company employing?

When a company decides to discontinue a product line or divest of a subsidiary, it has made what type of corporate financial decision?

All of the following are methods of financing accounts receivable EXCEPT:

An assistant treasurer is working to reduce the annual costs for the company's line of credit. The target is to reduce it by 10%. Under the existing credit facility agreement, the cost of the revolving line is:

1. Interest rate on outstanding balance (all in rate): 3.75%

2. Commitment fee of 0.25% on the unused portion of the line.

The expected average use of the line is $1,300,000 and the total amount of the credit facility is $6,000,000. What would be the new credit line to achieve the 10% reduction in total cost?

The Fed can reduce the money supply by doing which of the following?

1. Increasing reserve requirements

2. Purchasing government securities

3. Increasing legal lending limits

4. Selling government securities

Which of the following prohibits price discrimination among customers where cost differences do NOT exist?

A retail company is performing a risk analysis on its accepted payment types. Cash is the primary form of payment for this retailer. What is the PRIMARY issue with cash payment systems?