AFP Exam CTP Topic 1 Question 16 Discussion

Actual exam question for AFP's CTP exam

Question #: 16
Topic #: 1

[All CTP Questions]

Which of the following MOST often contributes to the misinterpretation of DSO?

AVarying fiscal year-ends

BSales patterns

CSize of the payment discount

DWeekends and holidays

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Suggested Answer: B

by Delsie at Nov 02, 2025, 03:39 PM

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3 days ago

Sales patterns seem like they could have a big impact on DSO. I'll need to consider how seasonal or irregular sales might skew the numbers.

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9 days ago

Okay, let's see. I'm pretty sure weekends and holidays can throw off the DSO calculation, but I'm not sure if that's the most common issue.

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14 days ago

Hmm, this one seems tricky. I'll need to think carefully about the factors that can affect DSO interpretation.

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