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 CTP Dumps with Practice Exam Questions Answers

Questions: 932 questions

Last Update: May 6, 2024

AFP Certification Exam CTP has been designed to measure your skills in handling the technical tasks mentioned in the certification syllabus

CTP Exam Last Week Results!

20

Customers Passed
AFP CTP

94%

Average Score In Real
Exam At Testing Centre

92%

Questions came word by
word from this dump

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CTP Questions and Answers

Question # 1

Which of the following is NOT a component of the operating cycle?

A.

Determining stale inventory

B.

Acquiring materials or resources

C.

Selling goods or services

D.

Collecting payment

Question # 2

If the spot foreign exchange rate and the forward foreign exchange rate are the same between two countries, which of the following is implied?

A.

The currency is at a discount to par.

B.

The currency is at a premium to par.

C.

There is an interest rate differential between the two countries equalizing the rates.

D.

The interest rate structure between the two countries is the same.

Question # 3

Financial statement preparation guidelines are provided by:

A.

FOMC.

B.

FDIC.

C.

FASB.

D.

FATF.

Question # 4

Which of the following is a type of borrowing between a company and a lender in which the paperwork connected with it is used to simplify the lending process?

A.

Trade credit

B.

Master note

C.

Securitization

D.

Commercial paper

Question # 5

A farmer who plans to sell his/her corn crop in three months would benefit MOST from which of the following?

A.

A long futures contract and falling prices

B.

A long futures contract and steady prices

C.

A short futures contract and rising prices

D.

A short futures contract and falling prices