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AFP CTP Exam Dumps - Actual Questions Answers

AFP CTP Last Week Results!

10

Customers Passed
AFP CTP

90%

Average Score In Real
Exam At Testing Centre

85%

Questions came word by
word from this dump

932

Total Questions
AFP CTP Questions Answers

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CTP Questions and Answers

Question # 1

An internal auditor discovers that employees can enter and approve their own wire transfers. This practice violates what internal control?

A.

Adequate segregation of duties

B.

Accurate reporting of cash transactions

C.

Appropriate monitoring of covenant compliance

D.

Proper authorization of investment transactions

Question # 2

An accounts payable manager has been mandated to accept all trade discount opportunities with an effective cost of discount above 25%. An invoice has been presented and approved for payment with terms of 3/5, net 30 days. What is the difference between the effective cost of discount offered, and the 25% rate set by the company?

A.

14%

B.

17%

C.

20%

D.

22%

Question # 3

A U.S. based multinational company is filing its U.S. tax return and notes that its U.K. subsidiary had pre-tax income equal to $1 million. The U.K. subsidiary paid an effective tax rate on this income of 40%. If the U.S. tax rate is 34%, what will be the amount of the foreign tax credit on the U.S. tax return related to the U.K. income?

A.

$60,000

B.

$280,000

C.

$340,000

D.

$400,000

AFP Related Exam in MyExamCollection

The followings list AFP Related in MyExamCollection, If you have other AFP certifications you want added please contact us.

  • FPA_I Exam
    Certified Corporate Financial Planning & Analysis Professional Part I
  • FPA_II Exam
    Certified Corporate Financial Planning & Analysis Professional Part II