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CTP Exam Dumps : Certified Treasury Professional

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Certified Treasury Professional Questions and Answers

Question 1

Which of the following industries is MOST LIKELY to use a sophisticated cash concentration system with multiple banks as part of its cash management system?

Options:

A.

Telecommunications

B.

Automotive

C.

Retail

D.

Payroll service

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Question 2

The time between receipt of a mailed payment and the deposit of the payment in the payee's account is known as:

Options:

A.

collection float.

B.

mail float.

C.

processing float.

D.

availability float.

Question 3

Based on the following information, how much money will XYZ Company owe the bank for monthly service charges after the earnings credit is applied?

Average Ledger Balance $500,000

Deposit Float$10,000

Reserve Requirement10%

Earnings Credit Rate5%

Monthly Service Charges$5,000

Days in month30

Options:

A.

$0

B.

$68.49

C.

$436.99

D.

$561.64