2025 Latest 100% Exam Passing Ratio - CTP Dumps PDF

Pass Exam With Full Sureness - CTP Dumps with 1079 Questions

NEW QUESTION # 298
From a consumer's perspective, all of the following are true of both debit cards and credit cards EXCEPT:

• A. transactions are posted to bank accounts as withdrawals.
• B. transactions may require authorization from the card issuer.
• C. transactions can be conducted at automated teller machines.
• D. merchants receive availability within three business days.

Answer: A

NEW QUESTION # 299
A company is filing for bankruptcy protection and is concerned about the welfare of its sizeable retiree population. Under ERISA, it is obligated to perform which of the following actions regarding its defined benefit plan?

• A. Use proceeds from asset sales to fund the plan liability.
• B. File a 5500 report (bankruptcy amendment) with the DOL.
• C. Record a distress termination with the PBG
• D. Convert the plan to a portable, hybrid vehicle.

Answer: C

NEW QUESTION # 300
An analyst is performing a lease versus buy analysis on a corporate jet. In the evaluation, a cost is relevant if it is:

• A. tied to inflation.
• B. different in each scenario.
• C. unlikely to be incurred.
• D. considered a sunk cost.

Answer: B

NEW QUESTION # 301
Which of the following prohibits price discrimination among customers where cost differences do NOT exist?

• A. Fair Credit Billing Act
• B. Truth in Lending Act
• C. Robinson Patman Act
• D. Equal Credit Opportunity Act

Answer: C

NEW QUESTION # 302
One example of increased use of electronic payments for retail businesses to convert customer checks to cash at the counter more quickly is:

• A. PO
• B. POP.
• C. AR
• D. BOC.

Answer: B

NEW QUESTION # 303
Which of the following is NOT a component of the operating cycle?

• A. Selling goods or services
• B. Determining stale inventory
• C. Acquiring materials or resources
• D. Collecting payment

Answer: B

NEW QUESTION # 304
Company XYZ offers a retirement plan wherein the value of the plan's assets and liabilities is measured separately. The plan's funding and valuation can have a significant impact on the financial condition of the company. Company ABC offers a retirement plan wherein the amount owed to the participants at retirement is based solely on the account balance at the time of withdrawal with participants often bearing the responsibility for managing the investments in their account. Which of the following BEST describes the above two retirement plans and which act governs them?

• A. Defined benefit plan and defined contribution plan; ERISA
• B. 403(b) and defined contribution plan; ERISA
• C. Qualified and non-qualified plan; Pension Protection Act
• D. Defined benefit plan and defined contribution plan; Pension Protection Act

Answer: A

NEW QUESTION # 305
An accountant is fired after reporting to the SEC that she witnessed the CFO inappropriately reduce expenses ahead of the quarterly earnings announcement. Which of the following would apply?

• A. The accountant is in violation of Section 404 of the Sarbanes-Oxley Act.
• B. The CFO is liable for Bank Secrecy Act reporting.
• C. The accountant is protected by 'whistle-blower' laws.
• D. The CFO is protected by the code of ethics.

Answer: C

NEW QUESTION # 306
Which statement is true about credit unions?

• A. They offer lending rates similar to other financial institutions.
• B. They are not-for-profit organizations.
• C. Their deposits are insured by the FDIC.
• D. They can only be chartered by state agencies.

Answer: B

NEW QUESTION # 307
Why would a company establish a short-term credit facility?

• A. Cash shortages are being forecasted due to seasonality.
• B. Short-term interest rates are expected to rise.
• C. There is an anticipated failure of the company's main depository bank.
• D. The company would like to improve bank relationships.

Answer: A

NEW QUESTION # 308
A supplier can improve invoicing float by:

• A. renegotiating credit terms.
• B. shortening its order-entry process.
• C. factoring its receivables.
• D. establishing a bank lockbox.

Answer: B

NEW QUESTION # 309
XYZ Corporation's current ledger balance of the controlled disbursement account is $1,286,500. Based on the information in the table,

what will the corporation's available balance be at the end of today?

• A. $434,706
• B. $(251,527)
• C. $1,748,473
• D. $126,744

Answer: D

NEW QUESTION # 310
True statements about the open account method of trade payment include which of the following?
I. A bank guarantees payment.
II. It is the most common type of trade credit.
III. A periodic credit review of each customer is required.
IV.
The customer makes equal monthly payments.

• A. I and IV only
• B. I, III, and IV only
• C. II and III only
• D. II only

Answer: C

NEW QUESTION # 311
All of the following statements are true about loan participations EXCEPT:

• A. loan advances and payments are divided among the participants.
• B. more than one lender commits to them.
• C. they are traded in the secondary market.
• D. loan servicing is provided by the lead institution.

Answer: C

NEW QUESTION # 312
A portfolio manager wishes to make a short-term investment. His investment policy requires that short-term investments be low risk and secured, have a fixed interest rate and be highly liquid/redeemable prior to maturity. Which of the following should the manager choose?

• A. Commercial paper
• B. Asset-backed commercial paper
• C. Government treasury bills
• D. Bank obligations

Answer: B

NEW QUESTION # 313
For newly issued debt, a company's effective cost of debt is a function of yield to maturity and:

• A. the maturity date of the debt instrument.
• B. the marginal tax rate of the company.
• C. the credit rating of the company.
• D. the price of the debt instrument.

Answer: B

NEW QUESTION # 314
A company has six fraudulent checks clear its primary disbursement account for a total of $7,652.
The bank agrees to split the loss with the company to maintain a good relationship. As a condition of sharing the expense, the bank requires the company to establish positive pay on its disbursement accounts or have the company absorb the losses on future fraudulent payments.
What type of risk financing technique is the bank using?

• A. Risk transfer
• B. Risk retention
• C. Self-insurance
• D. Crime insurance

Answer: A

NEW QUESTION # 315
BEA Company has determined its breakeven dollar amount for concentrating remote funds is $550.00. BEA Company has a daily earnings rate of 6% and gains one day of accelerated funds. If a wire costs BEA $35.00 dollars, what is the cost of an electronic funds transfer for BEA Company?

• A. $1.00
• B. $4.00
• C. $2.00
• D. $3.00

Answer: C

NEW QUESTION # 316
Which of the following is NOT a drawback to using ROI as a performance measure?

• A. It may be misleading when cash flows are not evenly distributed over time.
• B. It does not include a charge for cost of capital.
• C. It may lead to rejection of a positive NPV project.
• D. It does not consider the profit generated by a project.

Answer: D

NEW QUESTION # 317
Evaluating the liquidity needs of an organization is a function of:

• A. short-term cash flow forecasting.
• B. long-term cash flow forecasting.
• C. long-term investment yield forecasting.
• D. short-term investment yield forecasting.

Answer: A

NEW QUESTION # 318
A company offers credit terms of net 40, with an opportunity cost of 12% to a customer. What discount would have to be offered for the customer to be indifferent between paying on Day 40 and paying with the discount on Day 10?

• A. 1.3%
• B. 2.0%
• C. 1.6%
• D. 1.0%

Answer: D

NEW QUESTION # 319
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. I, II, and III
• D. II and III

Answer: B

NEW QUESTION # 320
......

Verified CTP dumps Q&As - 100% Pass from Braindumps2go: https://braindumps2go.dumptorrent.com/CTP-braindumps-torrent.html