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Exam Code: CTP
Exam Name: Certified Treasury Professional
Vendor: AFP

60 Questions & Answers
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NEW QUESTION: 1
Risk assessment should be built into which of the following systems development phases to ensure that risks are addressed in a development project?
A. Specification
B. User testing
C. Programming
D. Feasibility
Answer: D
Explanation:
Risk should be addressed as early as possible in the development cycle. The feasibility study should include risk assessment so that the cost of controls can be estimated before the project proceeds. Risk should also be considered in the specification phase where the controls are designed, but this would still be based on the assessment carried out in the feasibility study. Assessment would not be relevant in choice A or C.

NEW QUESTION: 2
Under which of the following conditions may a registered representative of a firm that is an underwriter of a new offering of common stock send to a client a copy of the firm's research report on that stock?
A. if it is accompanied by a red herring
B. under no circumstances
C. if his firm is not the managing underwriter
D. if he has permission of his employer
Answer: B
Explanation:
Explanation/Reference:
Explanation: under no circumstances. The representative may send the red herring but not a research report of his firm.

NEW QUESTION: 3
What are SCRUM of SCRUMS? Please choose the correct answer.
A. Alternative to regular SCRUM process for smaller teams
B. Mechanism for gathering and validating requirements
C. Frequent inspection of code and configuration prior to quality gates
D. Integration meeting between the various project teams
Answer: D


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