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 large multinational company with multiple autonomous operational entities is MOST LIKELY to operate.
- A . a decentralized treasury structure.
- B . a shared service center.
- C . a centralized treasury structure.
- D . an in-house bank.
Which of the following ASC X12 transactions is used to confirm the receipt and compliance of transmitted sets?
- A . 821
- B . 822
- C . 835
- D . 997
Which of the following ASC X12 transactions is used to confirm the receipt and compliance of transmitted sets?
- A . 821
- B . 822
- C . 835
- D . 997
Which function involves evaluating alternative projects in relation to one another and in relation to the company’s cost structure?
- A . Capital budgeting
- B . Corporate forecasting
- C . Financial planning
- D . Financial risk management
Which of the following forms of payment is covered by Regulation CC?
- A . Cash
- B . Check
- C . Credit card
- D . Debit card
When a short-term loan is paid with a lump sum payment and the payment includes both interest and principal, the loan is often referred to as a:
- A . single payment note.
- B . material payment note.
- C . balloon payment note.
- D . commercial note.
ABC Ltd. uses a third party lockbox provider to collect and clear its paper receivables. A customer disputes the price charged for a binding machine and issues a check to ABC Ltd. for 50% of the balance due, noting “paid in full” on the face of the check. The third party provider does not bring the check to ABC’s attention prior to depositing it.
Which regulation allows ABC to attempt to collect the remaining balance?
- A . UCC Article 2 – Clearing of Checks
- B . Federal Reserve Regulation CC
- C . UCC Article 3 – Negotiable Instruments
- D . UCC Article 4 – Bank Deposits and Collections
ABC Ltd. uses a third party lockbox provider to collect and clear its paper receivables. A customer disputes the price charged for a binding machine and issues a check to ABC Ltd. for 50% of the balance due, noting “paid in full” on the face of the check. The third party provider does not bring the check to ABC’s attention prior to depositing it.
Which regulation allows ABC to attempt to collect the remaining balance?
- A . UCC Article 2 – Clearing of Checks
- B . Federal Reserve Regulation CC
- C . UCC Article 3 – Negotiable Instruments
- D . UCC Article 4 – Bank Deposits and Collections
Which of the following is an opportunity cost of maintaining excess liquidity?
- A . Loss of time in securing credit
- B . Increase in interest earnings
- C . Decreased commitment fees
- D . Interest paid on outstanding debt
A good credit rating has which of the following effects on debt?
I. Improved marketability
II. Decreased cost of funds
III. Decreased maturity
IV. Increased dealer fees
- A . I and IV
- B . I and II
- C . II and III
- D . I, II, and III