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CTP Practice Test Total Q&A: 932 Questions and Answers
Last Update: 2016-08-24
CTP Practice Questions Detail: CTP Practice Test
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NO.1 A company wants to gather daily balance reporting from its international subsidiaries' bank
accounts. Which of the following systems would allow the company's bank to gather the balance
positions from the local banks?
A. SWIFT
B. CHIPS
C. EDI
D. Giros
Answer: A
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NO.2 An art history museum has recently finished renovating its new location. Before the move, the
treasurer considers purchasing additional insurance to protect the art during transit. What form of
additional insurance should the treasurer choose?
A. General liability
B. Difference in conditions (DIC)
C. Business interruption
D. Special multi-peril (SMP)
Answer: B
CTP Practice Exam