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Question 108

Corporate governance for publicly traded U.S. companies includes:

Options:

A.

the roles and responsibilities of independent directors.

B.

full compliance with local and state regulations.

C.

the structure and organization of executive management.

D.

timely and complete submission of audited financial statements with the SEC.

Question 109

A company purchased merchandise that cost C$155,000 from a Canadian supplier and then resold the merchandise for US$135,000. What rate of exchange must the company have obtained to realize a gross profit of US$44,000 on this transaction?

Options:

A.

0.3259 US$/C$

B.

1.1500 US$/C$

C.

0.5871 C$/US$

D.

1.7033 C$/US$

Question 110

An organization must maintain adequate liquidity to meet:

Options:

A.

strategic objectives.

B.

five year plan.

C.

transaction requirements.

D.

defined contribution plan distributions.

Question 111

The Sarbanes-Oxley Act of 2002:

Options:

A.

created the Financial Accounting Standards Board.

B.

created the Public Company Accounting Oversight Board.

C.

created the Public and Private Corporate Governance Board.

D.

created the International Accounting Standards Convergence Board.

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Exam Code: CTP
Exam Name: Certified Treasury Professional
Last Update: Dec 22, 2024
Questions: 932
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