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AFP Certified Treasury Professional Sample Questions (Q918-Q923):
NEW QUESTION # 918
Refer to the data set. An analyst at XYZ Company was asked to determine if the company should use a lockbox provider for its retail payments. The analyst determined that the company's annual sales of
$324,000,000 were recorded evenly throughout the year. The company receives 30,000 checks annually. Total dollar-days float without the lockbox is $76,500,000 and the annual opportunity cost is 5.5%. The industry's average opportunity cost is 6.0%. Assuming a 30-day month, the net savings realized by using lockbox services would be:
Answer: B
NEW QUESTION # 919
Which of the following is an advantage of a decentralized disbursement system?
Answer: B
NEW QUESTION # 920
A large, nation-wide, retailer of plumbing fixtures is considering implementing ACH technology to improve its accounts receivable processing. Which of the following pre-authorized ACH transactions can the company use for this application?
Answer: A
NEW QUESTION # 921
A globally diversified manufacturing company can manage its liquidity more effectively by:
Answer: A
NEW QUESTION # 922
A company determines that no combination of risk control or financing techniques will produce an adequate, risk-adjusted rate of return on manufacturing a new product. It decides to discontinue the product line. This is an example of:
Answer: D
NEW QUESTION # 923
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