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NO.1 The year-end income statement and balance sheet accounts for a company as of December
31, Year 1 are shown in the Exhibit.
If no changes occurred in the current asset and current liability account balances from the beginning
of the period, except for cash, what was the net cash flow from operations for Year 1?
A. $365,000
B. $400,000
C. $350,000
D. $390,000
Answer: B
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NO.2 Convertible securities consist of preferred stock anD.
A. tracking stock.
B. common stock.
C. bonds.
D. treasury stock.
Answer: C
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Exam Code: CTPExam Name: Certified Treasury Professional
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CTP Exam Prep Total Q&A: 932 Questions and Answers
Last Update: 2016-08-07
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