CTP Recertification Practice Exam
Build your confidence for CTP Recertification. Practice the concepts, understand the answers, and strengthen your knowledge one question at a time.
Try a sample questionExam overview and details
The CTP Recertification Exam is a 49-question assessment designed to validate the continued proficiency and current knowledge of Certified Treasury Professionals (CTPs) in core treasury management principles. Administered by the Association for Financial Professionals (AFP), this exam ensures that credential holders maintain their expertise in line with evolving industry standards, regulations, and best practices. It tests a comprehensive range of topics critical to corporate treasury, including cash and liquidity management, risk management, corporate finance, and technology systems. The exam is mandatory for CTPs every three years to maintain their active certification status. By successfully completing this recertification, professionals demonstrate their ongoing commitment to the field, reaffirm their competency to employers and peers, and ensure their knowledge remains relevant in a dynamic financial landscape.
Sample Questions
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A business continuity test successfully restored treasury systems but did not test bank file transmission or emergency payment approval. What is the gap?
A CFO asks why the company's weighted average cost of capital initially fell after adding moderate debt. Cash flows remain stable and interest is tax deductible. What explains the decrease?
A treasury workstation user retains administrator rights after moving to a forecasting-only role. The system can release payment files. What should be done?
A treasury analyst computes DSO of 48 days, DIO of 35 days, and DPO of 42 days. Management asks how long cash is tied up in the operating cycle after supplier financing. What value should the analyst report?
A borrower has a committed revolving line with a 0.35% unused fee and a draw rate of SOFR plus 1.50%. The line is undrawn most of the year. What cost should treasury include when comparing the line to other liquidity sources?
Exam insights and study advice
Maintaining the CTP credential through recertification is not merely an administrative task; it is a direct investment in professional credibility and effectiveness. In practice, treasury functions are at the heart of corporate financial health, managing risks from interest rate fluctuations to fraud, optimizing millions in daily cash flow, and informing strategic decisions. A lapse in current knowledge can lead to significant financial exposure, operational inefficiency, and compliance failures. This exam ensures that practicing treasurers and finance professionals are equipped with up-to-date knowledge on critical areas like cybersecurity threats, evolving payment systems, and new regulatory frameworks, allowing them to protect and create value for their organizations with confidence.
Recommended
These are the backgrounds the certifying body suggests. Check the vendor's own page for anything it formally requires.
What this exam covers
Use the published domain weights to plan your study. Practice results do not predict your certification exam score.