Vendor: AFP
Certifications: AFP Certification
Exam Code: CTP
Exam Name: Certified Treasury Professional
Updated: Dec 07, 2023
Q&As: 932
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What kind of budget forecasts the cost for investing activities?
A. Operating budget
B. Sales budget
C. Maintenance budget
D. Capital budget
A banker's acceptance can be described as all of the following EXCEPT:
A. a sight draft.
B. a discount instrument.
C. a liability of the accepting bank.
D. an easily marketable instrument.
A firm's air conditioning unit breaks down unexpectedly and must be replaced immediately. What type of liquidity requirement is this an example of?
A. Transaction
B. Precautionary
C. Speculative
D. Opportunity
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