Online Access Free CTP Exam Questions

A company expects the U.S. dollar to depreciate in value compared to the British pound. The company will have a British pound payment to make in five months. The company would MOST LIKELY buy:

• A.a British pound call.
• B.a U.S. dollar call.
• C.a British pound put.
• D.a U.S. dollar put.

Company A has decided to purchase $3,000,000 of real estate from Company B. Company A will make the payment in 3 parts. The electronic payments will be sent from Bank A to Bank B. On Day 1 Company A will send a $400,000 check as a deposit, which is deductible from the balance. The check is expected to clear in 4 days. On Day 2, two payments are initiated, one wire transfer for $2,000,000 and an ACH for $600,000 to complete the balance. On Day 2 what percentage of the payment to Company B is NOT final?

• A.66.7%
• B.86.7%
• C.100%
• D.33.3%

The treasury management department of a company hires a consulting firm to provide research on how other companies in the industry have structured their treasury operations. This is an example of which practice?

• A.Restructuring
• B.Outsourcing
• C.Benchmarking
• D.Re-engineering

Which of the following are reasons for companies to use controlled disbursement?
I. To obtain timely check presentment information
II. To enhance supplier relationships
III. To increase their available cash
IV. To improve their overall creditworthiness

• A.I, III, and IV only
• B.I, II, III, and IV
• C.II and IV only
• D.I and III only

A telecommunications company has decided to sell its call center hosting division. This is an example of what type of financial decision?

• A.Investment
• B.Financing
• C.Accounting
• D.Capital structure