AFP Certified Treasury Professional CTP Dumps in PDF

Free AFP CTP Real Questions (page: 90)

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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V
vs
9/2/2023 12:19:00 PM

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11/14/2023 11:02:00 AM

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Osman
11/21/2023 2:27:00 PM

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Edward
9/13/2023 5:27:00 PM

question #50 and question #81 are exactly the same questions, azure site recovery provides________for virtual machines. the first says that it is fault tolerance is the answer and second says disater recovery. from my research, it says it should be disaster recovery. can anybody explain to me why? thank you

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5/24/2023 11:14:00 PM

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Anon
10/25/2023 10:48:00 PM

some of the answers seem to be inaccurate. q10 for example shouldnt it be an m custom column?

P
PeterPan
10/18/2023 10:22:00 AM

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CW
7/11/2023 3:19:00 PM

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11/9/2023 8:53:00 AM

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11/4/2023 7:04:00 AM

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Zaynik
9/17/2023 5:36:00 AM

questions and options are correct, but the answers are wrong sometimes. so please check twice or refer some other platform for the right answer

M
Massam
6/11/2022 5:55:00 PM

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A
Anonymous
12/27/2023 12:47:00 AM

answer to this question "what administrative safeguards should be implemented to protect the collected data while in use by manasa and her product management team? " it should be (c) for the following reasons: this administrative safeguard involves controlling access to collected data by ensuring that only individuals who need the data for their job responsibilities have access to it. this helps minimize the risk of unauthorized access and potential misuse of sensitive information. while other options such as (a) documenting data flows and (b) conducting a privacy impact assessment (pia) are important steps in data protection, implementing a "need to know" access policy directly addresses the issue of protecting data while in use by limiting access to those who require it for legitimate purposes. (d) is not directly related to safeguarding data during use; it focuses on data transfers and location.

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Japles
5/23/2023 9:46:00 PM

password lockout being the correct answer for question 37 does not make sense. it should be geofencing.

F
Faritha
8/10/2023 6:00:00 PM

for question 4, the righr answer is :recover automatically from failures

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Anonymous
9/14/2023 4:27:00 AM

question number 4s answer is 3, option c. i

P
p das
12/7/2023 11:41:00 PM

very good questions

A
Anna
1/5/2024 1:12:00 AM

i am confused about the answers to the questions. are the answers correct?

B
Bhavya
9/13/2023 10:15:00 AM

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Rahul Kumar
8/31/2023 12:30:00 PM

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9/17/2023 5:15:00 PM

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6/24/2023 8:45:00 AM

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