AFP CTP Exam Questions
Certified Treasury Professional (Page 9 )

Updated On: 16-Feb-2026

With respect to the Sarbanes-Oxley Act, a company may avoid additional reporting requirements by:

  1. issuing shares in an IPO.
  2. providing an SSAE 16.
  3. redeeming bond issues.
  4. delisting its securities.

Answer(s): D



Which of the following would be expected to happen on the ex-dividend date?

  1. The stock is sold with the dividend attached.
  2. The stock price drops.
  3. The stock’s volume increases.
  4. The stock’s dividend is paid.

Answer(s): B



Regarding dividends, on which of the following dates would a company's current assets be reduced?

  1. Declaration date
  2. Ex-dividend date
  3. Payment date
  4. Record date

Answer(s): C



In which of the following instances does the clientele effect come into play?

  1. When a company announces its earnings forecast
  2. When a company submits its 10-Q to the SEC
  3. When a company declares a dividend
  4. When a company increases its sales

Answer(s): C



ASC Topic 815 (FAS 133) is applicable when accounting for which of the following?

  1. Gain on an equity investment
  2. Purchase of a bond investment
  3. Market value of collateral
  4. Purchase of a forward

Answer(s): D






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