CTP Exam Dumps - AFP Certification Questions and Answers

meetings of the Reserve Board of Governors.

open market operations by the New York Federal Reserve.

term limits for the Federal Reserve Governors.

accepting tax payments on behalf of the IRS.

minimum ratings for insurance carriers.

high deductible levels and risk retention in order to minimize premium payments.

outsourcing of the claims approval and payment process to an insurance company.

risk management staff to work directly with underwriters to reduce commission payments.

the use of positive pay.

the use of controlled disbursement.

automated reconciliation services.

reverse positive pay.

invested to maximize portfolio return.

placed in a separate fund held by a third party.

placed with a professional investment manager.

invested to provide a defined benefit for plan participants.

Adequate segregation of duties

Accurate reporting of cash transactions

Appropriate monitoring of covenant compliance

Proper authorization of investment transactions

buy the underlying stock at the strike price.

sell the underlying stock at the strike price.

sell short shares of the underlying stock at the strike price.

buy long shares of the underlying stock at the strike price.

management’s use of a fiduciary agent for stockholders.

a large and active institutional investor base acting on behalf of individual investors.

stockholders who allow management to take actions that will benefit management.

the internal audit function reporting to the audit committee of the board instead of to management.

transfers risk to a company’s captive insurance subsidiary.

replaces the coverage provided by basic property and liability insurance.

supplements the coverage provided by basic property and liability insurance.

provides payments to a company in the event it is unable to pursue a line of business due to an unforeseen event.

6.0%

6.2%

9.0%

9.3%

Currency forward

Currency swap

Interest-rate swap

Currency future