AFP Certified Treasury Professional CTP Dumps in PDF

Free AFP CTP Real Questions (page: 87)

Which of the following is a KEY operational advantage of short-term debt?

  1. It can be arranged quickly and easily.
  2. It improves the current ratio for debt covenant and compliance purposes.
  3. It reduces the risk of interest rate fluctuation and lowers interest expense.
  4. It improves the overall liquidity position and reduces risk.

Answer(s): A



Which of the following is true when a company purchases goods using trade credit from suppliers?

  1. The buyer incurs no added cost if it pays on time.
  2. The supplier will charge interest to the buyer.
  3. The buyer should record this as a long-term liability.
  4. The supplier places a lien on the goods sold until payment.

Answer(s): A



Today’s modern cash management systems would include which of the following?

  1. Full integration to ERP systems
  2. Performance management systems and support
  3. Remote check disbursement software
  4. Full customer relationship management (CRM) capability

Answer(s): A



A multinational company owns a United Kingdom subsidiary that has total assets equal to £1 million and intercompany loans due to the parent company equal to $1 million. It would like to undertake a balance sheet hedge of the U.K. subsidiary’s GBP liability because it expects a depreciation of the pound. Given these circumstances, which of the following actions would be appropriate?

  1. Borrow GBP from a U.K. bank to repay the intercompany dollar debt.
  2. Borrow USD from a U.K. bank to repay the intercompany dollar debt.
  3. Take no action because exchange rates cannot be predicted.
  4. Exchange rates are fixed and thus no losses should occur.

Answer(s): A



A U.S. based multinational company is filing its U.S. tax return and notes that its U.K. subsidiary had pre-tax income equal to $1 million. The U.K. subsidiary paid an effective tax rate on this income of 40%. If the U.S. tax rate is 34%, what will be the amount of the foreign tax credit on the U.S. tax return related to the U.K. income?

  1. $60,000
  2. $280,000
  3. $340,000
  4. $400,000

Answer(s): C



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11/27/2023 12:33:00 AM

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Nale
9/18/2023 1:51:00 PM

american history 1

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9/27/2023 4:02:00 AM

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8/15/2023 3:38:00 PM

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12/5/2023 3:15:00 AM

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Not Robot
5/14/2023 5:33:00 PM

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9/4/2023 10:44:00 PM

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12/17/2023 1:41:00 PM

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10/17/2023 12:36:00 PM

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8/20/2023 5:12:00 PM

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Nobody
9/18/2023 6:35:00 PM

q 14 should be dmz sever1 and notepad.exe why does note pad have a 443 connection

M
Muhammad Rawish Siddiqui
12/4/2023 12:17:00 PM

question # 108, correct answers are business growth and risk reduction.

E
Emmah
7/29/2023 9:59:00 AM

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Mort
10/19/2023 7:09:00 PM

question: 162 should be dlp (b)

E
Eknath
10/4/2023 1:21:00 AM

good exam questions

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Nizam
6/16/2023 7:29:00 AM

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P
poran
11/20/2023 4:43:00 AM

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A
Antony
11/23/2023 11:36:00 AM

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Ethan
8/23/2023 12:52:00 AM

question 46, the answer should be data "virtualization" (not visualization).

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nSiva
9/22/2023 5:58:00 AM

its useful.

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Ranveer
7/26/2023 7:26:00 PM

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S
Sanjay
8/15/2023 10:22:00 AM

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T
Tom
12/12/2023 8:53:00 PM

question 134s answer shoule be "dlp"

A
Alex
11/7/2023 11:02:00 AM

in 72 the answer must be [sys_user_has_role] table.

F
Finn
5/4/2023 10:21:00 PM

i appreciated the mix of multiple-choice and short answer questions. i passed my exam this morning.

A
AJ
7/13/2023 8:33:00 AM

great to find this website, thanks

C
Curtis Nakawaki
6/29/2023 9:11:00 PM

examination questions seem to be relevant.

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Umashankar Sharma
10/22/2023 9:39:00 AM

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ED SHAW
7/31/2023 10:34:00 AM

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AD
7/22/2023 11:29:00 AM

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Ayyjayy
11/6/2023 7:29:00 AM

is the answer to question 15 correct ? i feel like the answer should be b

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