| Feature | Detail | | :--- | :--- | | | 170 (120 scored + 50 pretest) | | Time Allowed | 4 Hours | | Passing Score | 300-500 scale (approx 70%) | | Key Domains | 1. Treasury Operations (25%) 2. Cash & Liquidity (20%) 3. Risk Management (15%) 4. Corporate Finance (15%) | Section 2: Sample Practice Questions (CTP-5 Style) Domain 1: Treasury Operations & Controls Q1. A company uses a Zero Balance Account (ZBA) structure. At the end of the day, what is the primary benefit for the master account? A) Increased interest income on all subsidiary balances B) Elimination of all wire transfer fees C) Consolidation of funds for investment or debt reduction D) Automatic approval of credit lines
Which internal control best mitigates the risk of a rogue employee initiating a fraudulent wire transfer? A) Requiring manager approval for all wires above a de minimis threshold B) Reconciling bank statements only at year-end C) Using only physical signatures for all payments D) Granting the same employee authority to initiate, approve, and reconcile wires Ctp-5 Practice Test Pdf
A firm wants to accelerate check collections from customers in rural areas. Which service is most effective? A) Controlled Disbursement B) Lockbox with remote capture C) Zero Balance Account D) Positive Pay | Feature | Detail | | :--- |