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NO.1 Company A purchases materials on cash-before-delivery terms, while Company B uses paid-
on-production terms. Both companies are diligent with the protection of assets, but Company B has
concerns with respect to transfer of title of the materials. Company B is MOST LIKELY what type of
business?
A. Retailer
B. Manufacturer
C. Supplier
D. Wholesaler
Answer: B
CTP Expert CTP Exercise
NO.2 Netting is used by which of the following as a cross-border payment technique?
A. TARGET participants
B. Foreign subsidiaries of a company
C. European giro providers
D. Counterparties in a letter of credit transaction
Answer: B
CTP Correct
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Exam Code: CTPExam Name: Certified Treasury Professional
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CTP Valid Exam Collection Sheet Total Q&A: 932 Questions and Answers
Last Update: 2017-06-12
CTP Exam Materials Detail: CTP Valid Exam Collection Sheet
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