AFP Exam CTP Topic 3 Question 2 Discussion

Actual exam question for AFP's CTP exam

Question #: 2
Topic #: 3

[All CTP Questions]

A Treasury Management System (TMS) is used to:

Aobtain account balances.

Btranslate EDI documents.

Creview bank availability schedules.

Dopen new bank accounts.

Show Suggested Answer

Suggested Answer: A

by Maryrose at Mar 06, 2025, 11:06 PM

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Omega

6 days ago

A TMS is like a Swiss Army knife for treasury management. It can do everything from balances to schedules to...wait, what was the other option again?

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Nakita

7 days ago

Opening new bank accounts? That's what I have my personal assistant for. A TMS is way too sophisticated for that kind of task.

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Loren

12 days ago

Wait, I thought a TMS was for translating those boring EDI documents. I always get those mixed up with the account stuff.

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Sherron

14 days ago

I think the correct answer is C. You need to review those bank availability schedules to make sure your payments go through on time, you know?

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Hester

4 days ago

I agree, reviewing bank availability schedules is crucial for timely payments.

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Shawn

15 days ago

Yes, a TMS can help in opening new bank accounts too.

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1 months ago

I think a TMS is used to obtain account balances.

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