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CTP Exam Dumps : Certified Treasury Professional

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Certified Treasury Professional Questions and Answers

Question 1

A trader of ABC Bank executed and audited his own trades. Assigning these two functions to the same person introduced which one of the following risks to the bank?

Options:

A.

Operational risk

B.

Currency risk

C.

Derivatives risk

D.

Regulatory risk

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Question 2

Which of the following is a type of borrowing between a company and a lender in which the paperwork connected with it is used to simplify the lending process?

Options:

A.

Trade credit

B.

Master note

C.

Securitization

D.

Commercial paper

Question 3

LLZ Company manufacturers metal detectors in California at a cost of $9 per unit. The most expensive component to make is the sensor which goes in the finished product. The cost is $5 per sensor. Last month LLZ acquired a company in Mexico that makes the sensors for $1 per sensor. LLZ plans to move all sensor manufacturing operations to the factory in Mexico. What is the movement of this cost saving process called?

Options:

A.

Reengineering

B.

Offshoring

C.

Rationalizing

D.

Outsourcing