最新版を今すぐ試そう！[2022年01月] 試験準備には欠かさない！CTP問題集 [Q292-Q314]

最新版を今すぐ試そう！[2022年01月] 試験準備には欠かさない！CTP問題集

有能な受験者がシミュレーション済みのCTP試験PDF問題を試そう

質問 292
What step can a cash manager take to validate a cash flow forecast?

A. Compare estimated sales to actual income.
B. Test the model using data that was not used to develop it.
C. Calculate variances between actual and predicted depreciation.
D. Compare estimated tax payments to actual payments.

正解: B

質問 293
On June 1, a manufacturing company experienced a system failure that lasted more than 24 hours. The company did not have any contingency plans in place and as a result the cash manager was unable to process the following payments: $25,000 to the p-card issuer, $125,000 for weekly payroll, $500,000 for a bond interest payment, $260,000 for the weekly vendor payments and $50,000 for the monthly utilities. The receivables were deposited at the bank; however, the cash manager does not have a way to confirm the amounts. The suppliers are threatening to stop shipments due to the delay in payment and the loss of supplier shipments threatens the company's just-in-time production. What did the manufacturing company trigger as a result of the system failure?

A. Electronic security risk
B. Supplier risk
C. Contingency business resumption plan failure
D. Default on the debt

正解: D

質問 294
A U.S. exporter has agreed to export goods to a Canadian buyer with net 30 payment terms due in Canadian dollars. What type of risk is the exporter exposed to?

A. Commodity exposure
B. Transaction exposure
C. Economic exposure
D. Translation exposure

正解: B

質問 295

Which currency will sell at the greatest discount in the forward market against the U.S. dollar?

A. Canadian dollar
B. Mexican peso
C. Japanese yen
D. Euro

正解: D

質問 296
The time from the deposit of a check in a bank account until the funds can be used by the payee is known as:

A. processing float.
B. collection float.
C. availability float.
D. mail float.

正解: C

質問 297
A commercial paper issuer who repays investors earlier in the day than it receives funds from new investors often creates which of the following?

A. Collected overdraft
B. Daylight overdraft
C. Disbursement float
D. Dual balances

正解: B

質問 298
Which of the following is NOT characteristic of commercial paper with a term of less than 270 days?

A. It must be registered with the SEC.
B. It is usually sold through a dealer.
C. It typically costs less than bank debt.
D. It is considered an unsecured promissory note.

正解: A

質問 299
In order to increase liquidity, ABC Motor Company bundled its customers' installment payments and resold them to other investors. This is known as:

A. securitization.
B. secondary distribution.
C. reclassification.
D. factoring.

正解: A

質問 300
An art history museum has recently finished renovating its new location. Before the move, the treasurer considers purchasing additional insurance to protect the art during transit. What form of additional insurance should the treasurer choose?

A. Difference in conditions (DIC)
B. Special multi-peril (SMP)
C. General liability
D. Business interruption

正解: A

質問 301
This question is based on the following data describing a company's actual deposits.

If a five-day moving average is used, what was the deposit forecast for day six?

A. $85
B. $90
C. $110
D. $75

正解: B

質問 302
Whether through an active or passive decision by management, a risk management policy of control without financing results in:

A. risk indemnification.
B. risk transfer.
C. risk retention.
D. risk avoidance.

正解: C

質問 303
Which statement is true about private placements compared to public offerings?

A. They have lower interest rates.
B. They have more restrictive covenants.
C. They take more time to complete.
D. They reduce issuance costs.

正解: D

質問 304
Because of the growing demand in China for oil, a transportation company decides to assume a long position on oil in hopes of generating short-term investment income. Which of the following describes the firm's strategy?

A. Hedging
B. Risk management
C. Arbitrage
D. Speculation

正解: D

質問 305
The Treasurer of a company would like to establish an investment policy for the organization. One objective that should be included in the investment policy that would BEST allow the organization to limit its exposure to a particular market sector would be to:

A. establish ratings requirements.
B. perform a risk analysis.
C. set diversification requirements.
D. develop an exposure horizon.

正解: C

質問 306
A banker's acceptance can be described as all of the following EXCEPT:

A. a liability of the accepting bank.
B. a sight draft.
C. a discount instrument.
D. an easily marketable instrument.

正解: B

質問 307
Owners of a privately-held company have decided to sell the business, but are receiving
offers dramatically lower than what the firm is worth (as estimated by the owners). Which of the following options is the BEST way for management to establish the true value of their company?

A. Issue stock to the public through an IPO.
B. Increase the dividend payout ratio.
C. Alter the capital structure by issuing more debt.
D. Repurchase shares to elevate stock price.

正解: A

質問 308
XYZ Bank would like to conduct some foreign exchange transactions with JKL Bank. JKL isn't the most liquid and could have some credit risk. XYZ Bank should suggest which of the following in order to eliminate risk?

A. Forward rate contract
B. Straight-through processing
C. Pre-authorized draft
D. Continuous Linked Settlement

正解: D

質問 309
A cash manager is determining the threshold over which cash concentrations will be done by wire. An ACH transaction costs $0.50. A wire costs $12.00. Funds are available 2 days quicker by wire and the opportunity cost of funds is 5%. What threshold should the cash
manager use?

A. $83,942
B. $41,975
C. $87,600
D. $43,800

正解: B

質問 310
The risk of one bank failing and endangering the liquidity of other banks is called:

A. sender risk.
B. systemic risk.
C. receiver risk.
D. daylight overdraft risk.

正解: B

質問 311
Components of a field banking system include which of the following?
I) Local bank
II) Concentration bank
III) Lockbox bank

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

正解: C

質問 312
A company pays its vendors with the following methods:
----
2,600 checks, averaging $1,000 each, issued on the 15th of the month 1,000 ACH payments, averaging $2,000 each, on Wednesdays 500 ACH payments, averaging $500 each, on the first Monday of the month 10 wires on the last day of the month for approximately $260,000 each
If the company has a daylight overdraft agreement, which of the above presents the highest single-day credit risk for the bank if the company enters bankruptcy?