CTP Exam Dumps | XYZ Inc. is a publicly traded company with revenues of $1B and an operating profit of 7.5%. The treasury

<< Prev Question Next Question >>

Question 230/279

XYZ Inc. is a publicly traded company with revenues of $1B and an operating profit of 7.5%. The treasury organization consists of a treasurer and an assistant treasurer. The assistant treasurer is responsible for the creation and approval of all payments. The treasurer is responsible for compilation of the financial statements. Under Section 404 of the Sarbanes-Oxley Act, what should be viewed as a concern?

A. Segregation of duties

B. Audit committee governance

C. Signature on SEC Form 10-K

D. Subcertification

Question List (279q): Question 1: A currency swap is BEST described as an:...; Question 2: Financial ratios may provide an inaccurate forecast of a com...; Question 3: A company purchases a machine tool with an expected life of ...; Question 4: A company seeking an insured investment would avoid investin...; Question 5: Following the latest round of cost-cutting measures at ABC C...; Question 6: A United States corporation purchases finished products from...; Question 7: The Treasury Manager of a privately held company is looking ...; Question 8: XYZ Company is considering the purchase of a security that g...; Question 9: Merchant MNO's sales for the day total $20,000. Fifty percen...; Question 10: Which of the following will directly increase a company's co...; Question 11: When evaluating a FSP during the RFP process, a company shou...; Question 12: Which institution or accord was approved in 2009 to strength...; Question 13: Each of the following statements is true of both defined ben...; Question 14: A small regional bank is losing market share in fiduciary se...; Question 15: Which of the following options would be BEST suited for a fi...; Question 16: A U.S. exporter has agreed to export goods to a Canadian buy...; Question 17: A newly hired Treasurer must establish the organizational st...; Question 18: An employee is considering two investment strategies for his...; Question 19: ABC company has a significant number of customers who are ma...; Question 20: Under a loan agreement, which of the following could be an e...; Question 21: Which agency appoints the chairman and members of the Public...; Question 22: Which of the following is NOT a component of the operating c...; Question 23: A large mature company with limited growth opportunities (po...; Question 24: A treasurer decides to use notional pooling across wholly-ow...; Question 25: Company XYZ has an underfunded defined benefit plan. Company...; Question 26: To acquire an asset without putting debt on the balance shee...; Question 27: A small import/export company, XYZ Company, has recently set...; Question 28: Improvements to the cash flow timeline from a selling compan...; Question 29: A company recently implemented a treasury code of conduct, w...; Question 30: The goal of investor relations is to:...; Question 31: A company with a relatively poor credit rating borrows most ...; Question 32: Netting is used by which of the following as a cross-border ...; Question 33: Examples of traditional factors used in making a credit deci...; Question 34: Which of the following is an important component of corporat...; Question 35: A company agrees to pay JPY10,000,000 for a shipment from Ja...; Question 36: Usually, corporations receiving dividends from another corpo...; Question 37: A corporation is considering utilizing ACH transactions for ...; Question 38: A company is evaluating its employee healthcare expense and ...; Question 39: A company has a line of credit and a bond trustee agreement ...; Question 40: (Exhibit) Which currency will sell at the greatest discount ...; Question 41: On a statement of cash flow, which of the following items ar...; Question 42: The relationship between debt and equity in a company's capi...; Question 43: A U.S. company that is expecting to receive a payment of C$1...; Question 44: Multinational corporations repatriate funds from foreign ope...; Question 45: What is the premium (price) for an oil contract, if the foll...; Question 46: Which of the following ways of financing accounts receivable...; Question 47: Which of the following is sought from a typical cash managem...; Question 48: A prearranged ACH payment normally includes which of the fol...; Question 49: A small group of investors is purchasing a company using a l...; Question 50: The time from the deposit of a check in a bank account until...; Question 51: Which of the following is a true statement about operating l...; Question 52: To increase the money supply, the Federal Reserve would incr...; Question 53: A diversified industrial company operates multiple remote ma...; Question 54: An employee who became vested in his/her employer's retireme...; Question 55: Trade terms are renegotiated under e-commerce in order to:...; Question 56: Which statement is true about credit unions?...; Question 57: Companies in the U.S. with a nationwide over-the-counter/fie...; Question 58: The MOST effective way to reduce the internal risk of techno...; Question 59: All treasury policies should be approved by:...; Question 60: Regarding dividends, on which of the following dates would a...; Question 61: A privately held company is planning to issue an IPO. If the...; Question 62: Which of the following is an example of a company's internal...; Question 63: A U.S. based multinational company is filing its U.S. tax re...; Question 64: All of the following are discounted instruments EXCEPT:...; Question 65: Which of the following is considered an important factor whe...; Question 66: Which of the following functions is LEAST likely to be part ...; Question 67: A firm's air conditioning unit breaks down unexpectedly and ...; Question 68: A convenience store chain would typically use which of the f...; Question 69: Given the above information, if the risk manager adds a tank...; Question 70: A company has large, ongoing short-term financing requiremen...; Question 71: A manufacturing company selling engines and other mechanical...; Question 72: Under which of the following circumstances is lengthening th...; Question 73: A bank uses all of the following to determine whether a comp...; Question 74: Which of the following situations is the best example of tra...; Question 75: The U.S. government agency that administers and enforces tra...; Question 76: Which of the following are KEY issues to be considered when ...; Question 77: What type of tax does a multinational auto manufacturer comm...; Question 78: A company has asked its marketing, payroll and sales teams t...; Question 79: The risk that one financial institution's failure could lead...; Question 80: Transmission of a file of items presented for payment by the...; Question 81: Which of the following contributes MOST to the marketability...; Question 82: Two months after a government overthrow, the new Minister of...; Question 83: A bank's reserve requirement on demand deposits is 10%, and ...; Question 84: When evaluating candidates who have responded to an RFP for ...; Question 85: Company GRA has retail locations in remote areas of Montana....; Question 86: Simplifying upgrades and system restoration, access from mul...; Question 87: Based on the following information, what is the required col...; Question 88: When estimating the cost of capital, which of the following ...; Question 89: I. Banker's acceptances II. Commercial paper III. U.S. Treas...; Question 90: The term "collection float" is defined as the delay between ...; Question 91: The "agency problem" refers to:...; Question 92: What is a KEY reason that both a lessee and a lessor would e...; Question 93: Companies that seek out other companies that have successful...; Question 94: A company's capital structure includes $800,000,000 in total...; Question 95: If a company does not have cash available to make an interes...; Question 96: A portfolio manager would like to purchase U.S. 50 million o...; Question 97: Which section of the statement of cash flows includes items ...; Question 98: There are 31 calendar days in the month, and the opportunity...; Question 99: What is one chief advantage of issuing short-term securities...; Question 100: Subtracting dividends from net income available to common sh...; Question 101: In a partial reconciliation, a bank provides a company with ...; Question 102: On the basis of the data above, what is the forecast for Thu...; Question 103: ACCOUNTS RECEIVABLE AT THE END OF MARCH (Exhibit) On the bas...; Question 104: In a maturity matching financing strategy, which of the foll...; Question 105: Treasury management systems help cash managers do which of t...; Question 106: U.S. dollar-denominated instruments issued by foreign banks ...; Question 107: Which of the following global cash concentration methods wou...; Question 108: A company may choose to use a derivative to reduce risk on w...; Question 109: Disbursement float includes which of the following three flo...; Question 110: The U.S. Congress establishedthe....; Question 111: A public corporation may value a defined contribution plan h...; Question 112: All of the following are common consumer-to-corporate intern...; Question 113: Which of the following is an advantage of a centralized trea...; Question 114: Financial risk management requires monitoring changes in whi...; Question 115: A U.S. government agency issues securities transfers using F...; Question 116: Banks often control information flow, records and assets, th...; Question 117: An increasing number of multinational companies have adopted...; Question 118: A shareholder right found in many corporate charters is the ...; Question 119: With the advent of the euro, many U.S. companies have seen a...; Question 120: Which of the following ASC X12 transactions is used to confi...; Question 121: A company has decided to manage its short-term investment po...; Question 122: XYZ Company is considering selling treasury stock but is con...; Question 123: A U.S. company wants to increase its cash turnover rate. It ...; Question 124: After several internal discussions about treasury management...; Question 125: A company has selected a specific project for investment. If...; Question 126: Unrealized holding gains and losses arise when trading secur...; Question 127: Liquidity reserves for opportunistic requirements are typica...; Question 128: Which of the following statements is typically true about a ...; Question 129: Which of the following are commonly used for financing accou...; Question 130: XYZ Company is a fairly new and high growth company funded b...; Question 131: A disclaimer opinion is required on a set of financial state...; Question 132: One of the KEY risks associated with a company's use of fina...; Question 133: XYZ Holdco has multiple credit facilities with a bank under ...; Question 134: An international company would establish a re-invoicing cent...; Question 135: A distribution business has used several bank loans to finan...; Question 136: The company's monthly credit sales are in Table 1 and its re...; Question 137: A multinational company may use which of the following to lo...; Question 138: Under the standards of corporate governance adopted in 2002,...; Question 139: A put option is out of the money when the asset price:...; Question 140: What is the primary weakness of a risk management policy tha...; Question 141: ABC Ltd. uses a third party lockbox provider to collect and ...; Question 142: All of the following are advantages of forward contracts EXC...; Question 143: Company ABC has undergone substantial system enhancements in...; Question 144: With respect to the Sarbanes-Oxley Act, a company may avoid ...; Question 145: Which of the following is NOT one of the three goals of a di...; Question 146: An analyst at XYZ United is in charge of setting up the bank...; Question 147: Which of the following is one of the PRIMARY considerations ...; Question 148: The controller is developing a financial plan that includes ...; Question 149: Treasury management systems and ERP systems allow companies ...; Question 150: Which of the following is LEAST important when a cash manage...; Question 151: A seller's cost of capital is 12%. The average credit sale i...; Question 152: A main characteristic of a company with regional offices usi...; Question 153: XYZ Company is a U.S. based company that has just issued som...; Question 154: A company has six fraudulent checks clear its primary disbur...; Question 155: If the spot foreign exchange rate and the forward foreign ex...; Question 156: A company can dispute any check alterations within how many ...; Question 157: Which of the following statements are true about collected b...; Question 158: The treasury analyst at RST Corporation has been asked to fo...; Question 159: If a corporation pays 70% of its current earnings to its sto...; Question 160: An evaluated receipts settlement would be MOST commonly used...; Question 161: A company may choose to outsource some of its cash managemen...; Question 162: XYZ Company is considering different methods of concentratin...; Question 163: EDI infrastructure includes which of the following four PRIM...; Question 164: Which cost benefit analysis technique uses the methodology t...; Question 165: I) Banker's acceptances II) Commercial paper III) U.S. Treas...; Question 166: A company is evaluating a project. What is the appropriate d...; Question 167: A treasury manager at a multinational manufacturing corporat...; Question 168: Which of the following is a common approach to negotiating E...; Question 169: For days' sales outstanding to be a meaningful method for ev...; Question 170: With the advent of the euro, many U.S. companies have seen a...; Question 171: Treasury policies and procedures should outline roles and re...; Question 172: Which scenario provides the BEST example of an agency proble...; Question 173: Company XYZ is a high technology company. It is planning on ...; Question 174: Which of the following would be true for a company with high...; Question 175: A cash manager invests in Treasury bills for which of the fo...; Question 176: A treasury manager has $5 million that is not needed for 6 m...; Question 177: A large U.S. company is planning to fund its Canadian subsid...; Question 178: A lockbox provider offers which of the following advantages ...; Question 179: The process by which a bank or insurance company guarantees ...; Question 180: Company ABC needs external capital to finance a new product ...; Question 181: A hamburger patty supplier receives an order from ABC Burger...; Question 182: Which of the following would be used to evaluate only the ef...; Question 183: A company hires an investment firm to fully underwrite a new...; Question 184: Customers of an electronic trading firm are experiencing pro...; Question 185: A multidivisional domestic company with centralized treasury...; Question 186: Which of the following is NOT characteristic of commercial p...; Question 187: James Corp has a 7.98% WACC and an assumed tax rate of 30%. ...; Question 188: T-bill discount rate = 5.85% T-bill face value = $100,000 In...; Question 189: Treasury uses which of the following internal sources of inf...; Question 190: A U.S. company decides to enter a new geographic market faci...; Question 191: Compared to a letter of credit, a documentary collection is:...; Question 192: Which of the following industries is MOST LIKELY to use a so...; Question 193: In order to increase liquidity, ABC Motor Company bundled it...; Question 194: Which of the following types of payments would NOT be includ...; Question 195: In a private label financing arrangement, the seller does wh...; Question 196: An intern was hired by the Vice President of Accounts Payabl...; Question 197: The Governmental Accounting Standards Board (GASB) is the au...; Question 198: A national retailer's cash management system includes a fiel...; Question 199: An institutional investor has purchased an investment that p...; Question 200: Which of the following is the MOST accurate statement regard...; Question 201: XYZ Company's cash manager is evaluating cash concentration ...; Question 202: Kahuna Boards Co. has just experienced a very profitable yea...; Question 203: Which of the following is a KEY objective when instituting a...; Question 204: What should a company's senior management consider in their ...; Question 205: The executive management of a utility company would like to ...; Question 206: To arrive at today's projected closing cash position, a cash...; Question 207: Which of the following is NOT true for both bankers' accepta...; Question 208: In an organization with personnel limitations, which of the ...; Question 209: Which of the following prohibits price discrimination among ...; Question 210: Company XYZ's government relations team has done a poor job ...; Question 211: In a large company, the person who normally oversees both th...; Question 212: Based on the following information, what is the required col...; Question 213: Which of the following is true of return on investment (ROI)...; Question 214: A company determines that no combination of risk control or ...; Question 215: A large multinational company recently implemented new proce...; Question 216: An airline has entered into an agreement with its partners t...; Question 217: The use of debt to finance a company is called:...; Question 218: A portfolio manager purchases a floating rate mortgage backe...; Question 219: The treasurer of a corporation is negotiating with one of hi...; Question 220: A treasurer overhears several employees talking about sellin...; Question 221: Components of a field banking system include which of the fo...; Question 222: An electronics manufacturer is attempting to protect itself ...; Question 223: Capital budgeting decisions are most commonly evaluated in t...; Question 224: The fixed costs to manufacture widgets are estimated to be $...; Question 225: All of the following items may be found on an income stateme...; Question 226: Which of the following are examples of covenants in loan agr...; Question 227: Company A regularly modifies its capital structure by repurc...; Question 228: The cash manager for a company is creating a list of transac...; Question 229: A manufacturing company's long-term capital structure is 30%...; Question 230: XYZ Inc. is a publicly traded company with revenues of $1B a...; Question 231: This question is based on the following data describing a co...; Question 232: Exhibit: (Exhibit) What is the price to earnings ratio for C...; Question 233: A company's credit agreements or loan covenants may require:...; Question 234: Company X, a US based multi-national, is exploring the optio...; Question 235: On a daily basis, the cash manager is responsible for all of...; Question 236: An asset-based lender has decided to provide a loan to a com...; Question 237: EML Inc., which has $600 million in outstanding debt, is pre...; Question 238: What is the MOST appropriate financial plan when a corporati...; Question 239: A company transfers funds from its remote accounts by ACH wi...; Question 240: Which of the following is subject to translation exposure?...; Question 241: A company's basic investment objectives should include all o...; Question 242: Which two of the following are necessary to calculate averag...; Question 243: The Public Company Accounting Oversight Board (PCAOB):...; Question 244: BF Company, a manufacturer of food products, reported financ...; Question 245: Company XYZ is not sure which direction interest rates are h...; Question 246: A company is looking to improve its collection rate of retur...; Question 247: A major toy retailer operates 65 stores throughout the Midwe...; Question 248: A multinational company (MNC) that operates a shared service...; Question 249: Which of the following statements BEST applies when evaluati...; Question 250: Which of the following would be the most efficient method of...; Question 251: An L/C in favor of a U.S. exporter is issued by a bank in an...; Question 252: The first step in the financial institution and financial se...; Question 253: Financial statement preparation guidelines are provided by:...; Question 254: An investment is purchased for $10,000.00 that offers compou...; Question 255: The main objective of a company's international cash managem...; Question 256: Which of the following are KEY issues to be considered when ...; Question 257: All of the following are examples of treasury management sys...; Question 258: Compared to debt, which of the following statements is true ...; Question 259: A company has negotiated a credit facility with the followin...; Question 260: The PRIMARY difference between defined benefit and defined c...; Question 261: Company M operates a grocery distribution business on Main S...; Question 262: The delay between the time a check is deposited and the time...; Question 263: XYZ Corporation uses ABC Bank for their lending and treasury...; Question 264: When a short-term loan is paid with a lump sum payment and t...; Question 265: All of the following are account reconciliation services EXC...; Question 266: A cash manager is determining the threshold over which cash ...; Question 267: DGB Inc.'s CEO and founder retired shortly after the company...; Question 268: Which of the following is NOT a method multinational compani...; Question 269: When a paper check is converted to an electronic form:...; Question 270: A company pays its vendors with the following methods: ---- ...; Question 271: A cash manager should use which of the following techniques ...; Question 272: A financially sound company sends wires to investors in the ...; Question 273: Which of the following would MOST LIKELY cause a decrease in...; Question 274: A company invests in a bond and then later agrees to sell th...; Question 275: An analysis of variances from expected cash flows is used to...; Question 276: Which two of the following are methods for concentrating wee...; Question 277: Which of the following will MOST LIKELY be affected when a c...; Question 278: From a buyer's perspective, which of the following types of ...; Question 279: A foreign company could raise capital in the United States u...

Question 230/279

LEAVE A REPLY

Download PDF File