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AFP CTP Exam With Confidence Using Practice Dumps

Exam Code:
CTP
Exam Name:
Certified Treasury Professional
Certification:
Vendor:
Questions:
1076
Last Updated:
Jul 19, 2025
Exam Status:
Stable
AFP CTP

CTP: AFP Certification Exam 2025 Study Guide Pdf and Test Engine

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Certified Treasury Professional Questions and Answers

Question 1

On the basis of the following exchange rates,

which of the following currency amounts has the greatest value in U.S. dollars?

Options:

A.

C$750,000

B.

£850,000

C.

€900,000

D.

¥5,000,000

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Question 2

Which of the following are KEY issues to be considered when establishing a shared service center (SSC)?

I. Selecting the location

II. Comparing an SSC structure to outsourcing of a process

III. Choosing and implementing the technology for SSC

IV. Choosing the collection bank

Options:

A.

I and III only

B.

II and IV only

C.

I, II, and III only

D.

II, III, and IV only

Question 3

CT Check Cashing routinely cashes payroll checks from JD Software. Someone presents a fraudulent check from JD Software to CT Check Cashing. The fraudulent item looks virtually identical to JD Software's regular payroll checks. CT Check Cashing pays the person cashing the check the amount for which it is issued. CT Check Cashing later discovers that the check was fraudulent and wants JD Software to reimburse them for the amount of the check. Which of the following statements is correct?

Options:

A.

Fraudulent endorsement has occurred and JD Software will not be held liable for this item.

B.

This item is payable through draft so JD Software will be liable to CT Check Cashing for the amount of the check.

C.

JD Software has a controlled disbursement account so CT Check Cashing will not have recourse against JD Software for this item.

D.

Positive pay is designed to reject the item, but JD Software may ultimately be held liable if CT Check Cashing is deemed to be a holder in due course.