AFP CTP Practice Exams
Last updated on Oct 24,2026- Exam Code: CTP
- Exam Name: Certified Treasury Professional
- Certification Provider: AFP
- Latest update: Oct 24,2026
A merchant presents 2 different batches of credit card transactions for processing, each batch has the same dollar value and number of transactions, but the fees are different.
Which of the following explains why?
- A . Use of a different terminal
- B . Goods or services sold
- C . Type of card accepted
- D . Time of batch closure
Which of the following is a regulation that is having a major impact on the treasury profession?
- A . Gramm-Leach-Bliley Act
- B . Monetary Control Act
- C . Patriot Act
- D . Glass-Steagall Act
An increase in the availability float on a company’s collections would cause a reduction in which of the following?
I. Earnings credit
II. Ledger balance
III. Service charges
IV. Collected balance
- A . I and II
- B . I and IV
- C . I, II, and III
- D . II, III, and IV
T-bill discount rate = 5.85%
T-bill face value = $100,000
Initial term = 90 days
If the U.S. Treasury was considering issuing a 91-day T-bill at the same time as this T-bill, what discount rate would cause both instruments to have the same purchase price?
- A . 5.71%
- B . 5.79%
- C . 5.87%
- D . 5.92%
Which of the following payment instruments can provide predictable collection float?
I. Wire transfer
II. Check
III. ACH
IV. Cash
- A . III only
- B . IV only
- C . I, II, and IV only
- D . I, III, and IV only
XYZ Company experienced a substantial monetary loss due to over exposure to one particular sector of the stock market. The Treasurer had invested in companies tied to five different sectors, but violated the company investment policy by exceeding a 10% limit for any sector.
In developing its investment policy, what should XYZ Company have considered to prevent this scenario?
- A . Segregation of duties
- B . Exception management
- C . Internal and external controls
- D . Diversification of investments
An employer wishing to reduce operating income volatility would MOST LIKELY offer what type of retirement option to its employees?
- A . Defined contribution plan
- B . Defined benefit plan
- C . Retirement bonus plan
- D . Cash balance plan
What is the reserve-requirements provision of the Federal Reserve Act of 1913 known as?
- A . Regulation D
- B . Regulation E
- C . Regulation J
- D . Regulation Q
Bank A is to pay Bank B $6,000,000 for 10 transactions that occurred throughout the day. Bank B is to pay Bank C $8,000,000 for 13 transactions that occurred throughout the day. Bank B is to pay Bank A $5,000,000 for 17 transactions that occurred throughout the same day. These banks operate using a gross settlement system.
How many transactions will occur between these banks to settle the payments?
- A . 2
- B . 3
- C . 30
- D . 40
A company’s investment guidelines typically restrict all of the following EXCEPT:
- A . maturities of instruments that may be purchased.
- B . proportion of the portfolio invested in specific types of instruments.
- C . purchase of unrated securities.
- D . issuance of commercial paper.