2014年2月25日星期二

L'avènement de la certification AFP pratique d'examen CTP questions et réponses

Vous aurez une assurance 100% à réussir le test AFP CTP si vous choisissez le produit de Pass4Test. Si malheuresement, vous ne passerez pas le test, votre argent seront tout rendu.

Le test AFP CTP est l'un très improtant dans tous les tests de Certification AFP, mais c'est toujours difficile à obtenir ce Certificat. La présence de Pass4Test est pour soulager les candidats. L'équipe de Pass4Test peut vous aider à économiser le temps et l'éffort. Vous pouvez passer le test sans aucune doute sous l'aide de notre Q&A.

Selon les feedbacks les professionnels bien réputés dans l'Industrie IT, Pass4Test est un bon catalyseur de leurs succès. L'outil de formation offert par Pass4Test leur aide d'économiser le temps et l'argent, le plus important est qu'ils aient passé le test AFP CTP avec succès. Pass4Test est un fournissur fiable. Vous allez réaliser votre rêve avec l'aide de Pass4Test.

Code d'Examen: CTP
Nom d'Examen: AFP (Certified Treasury Professional )
Questions et réponses: 612 Q&As

Vous pouvez télécharger le démo gratuit pour prendre un essai. Vous aurez plus confiance sur Pass4Test. N'hésitez plus à choisir la Q&A AFP CTP comme votre guide d'étude.

Beaucoup de gens trouvent difficile à passer le test AFP CTP, c'est juste parce que ils n'ont pas bien choisi une bonne Q&A. Vous penserez que le test AFP CTP n'est pas du tout autant dur que l'imaginer. Le produit de Pass4Test non seulement comprend les Q&As qui sont impressionnées par sa grande couverture des Questions, mais aussi le service en ligne et le service après vendre.

CTP Démo gratuit à télécharger: http://www.pass4test.fr/CTP.html

NO.1 A put option on a company's stock has an exercise price of $20. On the delivery date, the stock is
trading at $24 per share. What should the investor who has paid $2 for the option do?
A. Not exercise the option and lose $2.
B. Not exercise the option and lose $6.
C. Exercise the option and gain $2.
D. Exercise the option and gain $4.
Answer: A

AFP examen   CTP   CTP   certification CTP   CTP

NO.2 An arrangement in which a borrower makes periodic payments to a separate custodial account that is
used to repay debt is known as a:
A. sinking fund
B. balloon payment
C. mortgage
D. zero-coupon bond
Answer: A

AFP examen   CTP   CTP   CTP examen

NO.3 An instrument that gives the right to buy a stated number of shares of common stock at a specified price
is known as:
A. an equity warrant
B. a put option
C. a zero coupon bond
D. a subordinated debenture
Answer: A

AFP examen   CTP   certification CTP

NO.4 In a typical swap transaction, two parties agree to exchange:
A. notional principal amounts.
B. amortization schedules.
C. maturity dates of obligations.
D. cash flows at future points in time.
Answer: D

AFP examen   CTP examen   CTP

NO.5 Netting is used by which of the following as a cross-border payment technique?
A. European giro providers
B. Foreign subsidiaries of a company
C. Counterparties in a letter of credit transaction
D. TARGET participants
Answer: B

AFP   CTP   CTP   CTP   CTP

NO.6 In which of the following international cash management methods is title for goods transferred for
intercompany sales?
A. Pooling
B. Internal factoring
C. Multilateral netting
D. Re-invoicing
Answer: D

certification AFP   CTP   CTP examen   CTP examen

NO.7 Which of the following instruments simplifies the paperwork connected with loans that have multiple
advance features?
A. Master note
B. Banker's acceptance
C. Indenture agreement
D. Note purchase agreement
Answer: A

certification AFP   CTP examen   CTP

NO.8 A call option for a company has an exercise price of $50. The stock is currently trading at $60. At
maturity, what should an investor who paid $3 for the option do?
A. Exercise the option and gain $7.
B. Exercise the option and gain $10.
C. Not exercise the option and lose $3.
D. Not exercise the option and lose $13.
Answer: A

AFP examen   CTP examen   CTP examen   CTP

NO.9 A French company conducts business strictly within the euro zone (the EMU). Which type of risk is of
LEAST concern?
A. Terrorist
B. Regulatory
C. Payment
D. Currency
Answer: D

AFP   CTP   certification CTP   CTP

NO.10 An optimal concentration system minimizes all of the following EXCEPT:
A. administrative costs.
B. disbursement float.
C. excess balances.
D. transfer costs.
Answer: B

certification AFP   CTP   CTP examen   CTP examen   CTP

NO.11 The KEY decision in using CCD+ and CTX formats for B2B payments is:
A. whether to keep the payment and remittance information together or separate.
B. whether to use the Internet or an EDI spoke to transmit electronic payments.
C. whether to use an EDI or a UN/EDIFACT protocol to transfer the value electronically.
D. whether an evaluated receipts or paid-on-production technique is being used for the transfer.
Answer: A

certification AFP   CTP   CTP

NO.12 A company is based in the United States and has an operating subsidiary in Germany. With a stable
U.S. dollar and a depreciating euro, the company's cash manager may elect to:
A. pool excess funds in the United States to offset German deficits.
B. implement a dollar-based multilateral netting system.
C. start leading receivables from the German subsidiary.
D. establish a multicurrency account in the United States.
Answer: C

AFP   CTP   certification CTP   CTP   certification CTP

NO.13 A bank issues a letter of credit (L/C) and receives a request for payment under the L/C. The buyer
notifies the issuing bank not to make payment because there is a dispute over the quality of the
merchandise. However, the documents received fully comply with the terms of the L/C. Which of the
following statements is true?
A. The buyer may immediately return the merchandise and cancel the L/C.
B. The bank may delay payment until reimbursed by the buyer.
C. The bank may delay payment, provided the seller is notified of the dispute within three business days.
D. The bank must make payment and is entitled to immediate reimbursement from the buyer.
Answer: D

AFP   CTP   certification CTP

NO.14 Which of the following is a characteristic of giro systems used in countries in Europe?
A. They operate through their postal systems.
B. They are primarily used for company-to-company payments.
C. They do not replace checks for the payment of bills.
D. They do not allow the use of direct debits and credits.
Answer: A

AFP   certification CTP   CTP examen

NO.15 A Chicago meat processor is concerned about the volatility of pork belly prices. Which of the following
derivative products would be used to fix these prices within a given range?
A. Collar
B. Swap
C. Cap
D. Spot purchase
Answer: A

AFP   CTP   certification CTP

NO.16 Which one of the following ties a user ¯ s p ri va t e key t o a use¡ ¯s pu b l ic key
A. A digital signature
B. A digital certificate
C. A digitized signature
D. A digital token
Answer: B

AFP examen   CTP   certification CTP

NO.17 On the basis of the following exchange rates,
which of the following currency amounts has the greatest value in U.S. dollars?
A. C$750,000
B. ¡ê850,00
C. 900,000
D. £¤5,000,000
Answer: B

AFP examen   CTP   CTP   CTP examen

NO.18 Account analysis statements should be examined for which of the following reasons?
I. To verify volumes processed
II. To determine daily cash shortages
III. To verify the accuracy of bank service charges
IV. To ensure that company-initiated transactions have occurred
A. I and IV only
B. I and III only
C. II and III only
D. II and IV only
Answer: B

certification AFP   certification CTP   certification CTP   CTP examen   CTP

NO.19 Which of the following are important uses of variance analysis in comparing actual cash flows with
projected cash flows?
I. Identifying unanticipated changes in inventory
II. Enhancing short-term investment income
III. Validating a capital budget
IV. Identifying delays in accounts receivable collections
A. I and II only
B. I and IV only
C. II and IV only
D. I, II, III, and IV
Answer: B

certification AFP   CTP   CTP examen   CTP

NO.20 A company plans to issue additional equity within the next 12 months but needs to issue debt at a low
interest rate now. Which of the following instruments would BEST meet this objective?
A. Convertible bonds
B. Private placement issue
C. Preferred stock
D. Subordinated debentures
Answer: A

AFP   CTP examen   certification CTP   CTP examen

Pass4Test vous offre un choix meilleur pour faire votre préparation de test AFP CTP plus éfficace. Si vous voulez réussir le test plus tôt, il ne faut que ajouter la Q&A de AFP CTP à votre cahier. Pass4Test serait votre guide pendant la préparation et vous permet à réussir le test AFP CTP sans aucun doute. Vous pouvez obtenir le Certificat comme vous voulez.

没有评论:

发表评论