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

60 Questions & Answers
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NEW QUESTION: 1
Which parameter must be included when executing operational mode commands from within configuration mode?
A. run
B. insert
C. prompt
D. do
Answer: A

NEW QUESTION: 2
You have an invoice for $200 USD and a credit memo for $225 USD. In other words, the credit amount exceeds the invoice amount. If you enable the option to apply credits up to zero amount payment, then how will the invoice and credit memo be paid?
A. Both the invoice and the credit memo are selected and the Payment Process Request requires attention.
B. Neither the invoice nor the credit memo are included in the payment process request because the credit reduces the payment amount below zero.
C. Both the invoice and the credit memo are paid and a refund of $25 USD is created.
D. Both the invoice and credit memo are included in the payment process request for a payment amount of $0 USD. The credit memo is partially paid with a remaining credit of $25 USD.
Answer: D
Explanation:
When you submit a "payment process request", you can enable the Apply credits up to zero amount payment option. Enabling the option causes the payment process to apply credits when the credits reduce the payment amount below zero.
The following scenario illustrate the impact of this option.
Credit Amount Greater Than Invoice Amount
An invoice for 200 USD and a credit memo for 225 USD are due for payment.
The following tabledescribes the payment processing that occurs based on the setting for the Apply credits up to zero amount payment option.
Assume that the "Apply Credits Up to Zero Amount" option is enabled.
Payment processing applies 200 USD of the credit memo to the invoice and creates a payment for 0 USD. The remaining credit is 25 USD.
References:https://fusionhelp.oracle.com/helpPortal/topic/TopicId_P_9F438E13CC89BA0CE040D30A68816F77

NEW QUESTION: 3
Why is configuring regional shared storage locations on a CIFS server using Distributed File Services the best design choice for vDisk storage?
A. It is the least expensive solution.
B. It creates the least amount of administrative overhead.
C. It reduces the system footprint.
D. It is a highly scalable and resilient solution.
Answer: A

NEW QUESTION: 4
While using a mapping program, which of the following functions shows the user's location on the map as well as movements on the map as they travel?
A. Accelerometer
B. GPS
C. Gyroscope
D. Geotracking
Answer: B
Explanation:
Reference:http://en.wikipedia.org/wiki/Global_Positioning_System


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