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CTP Exam Dumps - AFP Certification Questions and Answers

Question # 324

JMW Company processes its consumer payments using a lockbox provider. On average 35% of its remittance advices contain encoding errors. JMW Company’s cost for the lockbox provider to process these payments will be least impacted if it uses:

Options:

A.

wholesale lockbox.

B.

hybrid lockbox.

C.

direct lockbox.

D.

retail lockbox.

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Question # 325

A company is evaluating its employee healthcare expense and payroll applications. If the company wishes to provide maximum convenience to its employees, which payment method is the BEST choice?

Options:

A.

Purchasing cards

B.

Checks

C.

Travel cards

D.

Stored value cards

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Exam Code: CTP
Exam Name: Certified Treasury Professional
Last Update: Apr 30, 2025
Questions: 1076
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