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day 3 CTP

day 3 CTP

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It’s clear you made an effort… but your real performance is still waiting to shine! 😄
Don’t worry—this is just the starting point. With a bit more focus and review, you’ll see a big improvement.
Go back over the material, ask questions, work on the weak areas… and I’m here to support you every step of the way!

Best of Luck!
Dr. Hesham Mokhiemer

واضح إنك حاولت… بس لسه عندك فرصة كبيرة تطوّر مستواك! 😄
ولا تشيل هم—دي مجرد بداية. شوية تركيز ومراجعة إضافية وهتشوف الفرق بنفسك.
ارجع للمواد، اسأل لو في نقطة مش واضحة… وأنا معاك خطوة بخطوة. المهم إنك تكمل وما توقفش

تحياتي
د. هشام مخيمر
Excellent work! This is a very strong performance — you clearly understand the material and are in full control.
Keep the momentum and aim to stay among the top performers.
If you continue with this level of seriousness, hitting 100% is only a matter of time!
Best of Luck!
Dr. Hesham Mokhiemer

ممتاز! أداء قوي جدًا… باين إنك فاهم ومسيطر على المادة بشكل رائع
Top Performers استمر بالشكل ده وخليك من الـ
لو تكمّل بنفس الجدية دي… الوصول للـ 100% ان شاء الله, مسألة وقت بس
تحياتي
د. هشام مخيمر

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Question 1 of 10

1. Question

External information sources used to assist a company in determining the creditworthiness of a credit applicant include which of the following?

Trade references.
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Credit application completed by the applicant.
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Financial statements.
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Question 2 of 10

2. Question

Which of the following statements are true regarding the factoring of receivables?

The seller receives funds immediately after factoring.
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Receivables usually have to be sold at a significant discount.
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No recourse means the seller is liable for bad debts the factors cannot collect.
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Companies that routinely factor generally add this cost to the sales price.
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Question 3 of 10

3. Question

Which of the following strategies has higher financing costs than other approaches because short-term financing is used for only a portion of the fluctuating current assets?

Maturity matching financing strategy.
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Aggressive financing strategy.
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Riding the yield curve financing strategy.
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Conservative financing strategy.
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Question 4 of 10

4. Question

The following lists the four steps involved in purchasing and selling goods when trade credit is used:

Purchase raw materials.
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Pay supplier for materials.
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Sell goods.
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Collect cash from accounts receivable.
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Question 5 of 10

5. Question

Which of the following correctly lists the beginning and end points of the cash conversion cycle?

Start II, end IV.
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Start I, end III.
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Start I, end IV.
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Start II, end III.
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Question 6 of 10

6. Question

A float time study of a company reveals that the company has two days of float between when the payment arrives at the company’s door and when it is deposited in the bank. What type of float is this?

Availability float.
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Mail float.
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Processing float.
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Clearing float.
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Question 7 of 10

7. Question

Which is the only way to compare the economic value of cash flows from different investment alternatives that have different timing of cash flow streams such as stocks versus bonds?

Weighted average cost of capital.
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Discount cost.
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Present value.
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Days of working capital.
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Question 8 of 10

8. Question

A company makes a purchases under credit terms of 1/10 net 30. At which of the following investment rates should the company be indifferent about taking the discount and paying on day 10 or forgoing the discount and paying on day 30?

12 %
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18 %
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25 %
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37 %
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Question 9 of 10

9. Question

All of the following are reasons for a company to have its own processing center rather than a bank lockbox EXCEPT that a processing center .

Accelerates funds availability.
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Allows accounts receivable to be properly applied.
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Offers greater control of the collections operations.
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Is potentially the most cost-effective solution due to increased use of electronic payment and remittance transmission methods.
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Question 10 of 10

10. Question

A company using positive pay wants to improve its speed of response and the accuracy of the positive pay metho Which of the following would allow the cash manger to make these critical pay/no-pay decisions in the MOST timely manner?

Full reconciliation.
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Imaging services.
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Photocopies of checks.
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Purchasing cards.
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