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AFP Certified Treasury Professional follows objectives published by AFP, so preparation should stay aligned with the official outline. Actual4dump organizes 1079 CTP practice questions around those exam areas to support focused review.

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AFP CTP Exam Overview:

Certification Vendor:Association for Financial Professionals (AFP)
Exam Name:Certified Treasury Professional
Exam Number:CTP
Exam Duration:210 minutes
Related Certifications:Certified Corporate FP&A Professional (FPAC)
Available Languages:English
Real Exam Qty:170
Passing Score:300 (scaled score, range 200-500)
Exam Price:USD 925-1420
Exam Format:Multiple Choice
Certificate Validity Period:3 years
Sample Questions: DOWNLOAD DEMO
Exam Way:Computer-based exam delivered at Pearson VUE test centers worldwide.
Pre Condition:Candidates must satisfy AFP eligibility requirements through a combination of professional treasury/finance experience and/or higher education as defined by AFP.
Official Syllabus URL:https://ctpcert.afponline.org/overview/ctp-test-specifications

AFP CTP Exam Syllabus Topics:

SectionWeightObjectives
Corporate Liquidity Management32%-35%- Banking and Treasury Operations
  • 1. Bank account structures and cash concentration
  • 2. Treasury products and services implementation
- International Treasury Activities
  • 1. Trade and intercompany financing
  • 2. Foreign exchange exposure management
- Cash Positioning and Forecasting
  • 1. Cash flow forecasting and management
  • 2. Short-term investing and borrowing
Treasury Operations and Controls14%-16%- Risk and Compliance
  • 1. Regulatory compliance
  • 2. Internal controls
- Technology and Reporting
  • 1. Treasury management systems
  • 2. Reporting and analytics
Risk Management14%-16%- Enterprise Risks
  • 1. Operational risk
  • 2. Liquidity risk
- Financial Risks
  • 1. Foreign exchange risk
  • 2. Interest rate risk
Capital Markets and Funding7%-10%- Capital Structure
  • 1. Equity instruments
  • 2. Debt instruments
- Funding Sources
  • 1. Long-term financing
  • 2. Short-term financing
Working Capital Management19%-22%- Receivables and Payables
  • 1. Receivables management
  • 2. Payables management
- Inventory and Supply Chain
  • 1. Inventory financing
  • 2. Supply chain finance

FAQs for AFP Certified Treasury Professional Candidates

The CTP exam leads to the Certified Treasury Professional certification from Association for Financial Professionals (AFP). It is positioned at the Professional level. The exam validates the knowledge and skills expected of candidates preparing for AFP Certified Treasury Professional.

Related certifications include:

  • Certified Corporate FP&A Professional (FPAC)

The CTP exam includes 170 questions and allows 210 minutes. Before test day, divide the available time by the number of questions in a timed practice set to establish a steady per-question pace. If a difficult item starts consuming too much time, mark it for review and move forward instead of losing momentum. A full timed practice session can help you decide when to move on, when to return, and how much buffer to reserve for a final check.

The passing score for CTP is 300 (scaled score, range 200-500), and the official exam fee is USD 925-1420. Because a retake requires paying the exam fee again, use timed practice results as a readiness check before scheduling your next attempt. If your performance remains inconsistent, continue reviewing weak domains and repeat a timed session before booking the exam.

Candidates must satisfy AFP eligibility requirements through a combination of professional treasury/finance experience and/or higher education as defined by AFP.

Eligibility rules can change, so confirm the current requirements on the official exam page before registering.

Yes. Actual4dump provides a free PDF demo so you can review the format, question style, and answer quality before placing an order. Your purchase includes 365 days of free updates, and expired products can receive continued update service at a 50% discount.

If you purchase the corresponding CTP preparation material and do not pass that exam within 60 days of purchase, you may apply for a full refund under the 100% Money Back Guarantee. The request requires a scanned exam enrollment slip and the official Score Report PDF, submitted within two days after the exam. Eligible requests are processed within seven days.

Claims are not eligible if the exam was taken within three days of purchase, the product was downloaded without an exam attempt, the order was free or expired, or the candidate name does not match the payer name. If you prefer an exchange instead of a refund, you can receive two free products of equal value while keeping the update service for your original purchase.

Delivery is immediate after checkout. The download is available right away, and the product is also sent to your email within one minute. Contact customer support if it has not arrived within two hours. You may install the product on an unlimited number of computers.

The current CTP outline is organized into 5 top-level domains. The first listed areas include:

  • Risk Management (14%-16%)
  • Working Capital Management (19%-22%)
  • Treasury Operations and Controls (14%-16%)

Review the Exam Topics section above for the complete outline and any nested subtopics.

AFP Certified Treasury Professional Sample Questions:

Question 1

A treasury manager has $5 million that is not needed for 6 months. The treasury manager has decided to invest the funds in a liquid instrument, using the current portion of a 5-year AA rated corporate bond that is subject to U.S. Securities and Exchange Commission (SEC) regulations. In what market would the treasury manager purchase this investment?

A. Primary Market
B. IPO Market
C. Private Market
D. Secondary Market


Question 2

Which of the following is LEAST important when a cash manager determines a company's short-term cash position?

A. Payments of dividends
B. Pro forma financial statements
C. Receipts and disbursements forecasts
D. Disbursement clearing patterns


Question 3

Which of the following is subject to translation exposure?

A. A Spanish company with revenues in euros
B. A U.K. company that exports goods to the United States
C. A Japanese subsidiary in the United States with U.S. dollar liabilities
D. A German company with a subsidiary in Spain


Question 4

Kensley Biscuit Company Ltd. decides to invest £125,000 in new packaging equipment to help it keep up with increased demand. As a result of this investment, the company's annual profit improves by £11,763. If Kensley's cost of capital is 8.25% and its corporate tax rate is 42%, what is its residual income (RI) from the investment?

A. £1,451
B. £11,763
C. £970
D. £842


Question 5

A company has six fraudulent checks clear its primary disbursement account for a total of $7,652. The bank agrees to split the loss with the company to maintain a good relationship. As a condition of sharing the expense, the bank requires the company to establish positive pay on its disbursement accounts or have the company absorb the losses on future fraudulent payments.
If the company determines that positive pay is too expensive and decides NOT to implement it, what type of risk financing technique is the company using?

A. Crime insurance
B. Self-insurance
C. Risk transfer
D. Risk avoidance


Solutions:

Question 1
Answer: D
Question 2
Answer: B
Question 3
Answer: C
Question 4
Answer: A
Question 5
Answer: B

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