AFP CTP Exam - 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

Show Suggested Answer

Suggested Answer: B

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

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Joni

10 hours ago

Totally agree with Lai on the fiscal year-ends!

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Man

6 days ago

Wait, weekends and holidays affect DSO? That’s surprising!

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Theodora

11 days ago

C) Size of the payment discount? Not sure that’s a major issue.

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Nelida

16 days ago

I think B) Sales patterns are the biggest factor.

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Sabra

21 days ago

Weekends and holidays, huh? I guess accountants don't get to take time off!

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Lizette

26 days ago

C) The size of the payment discount? Really? That's a new one!

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Abel

1 month ago

A) Varying fiscal year-ends is a tricky one that often leads to misinterpretation.

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Roselle

1 month ago

D) Weekends and holidays can definitely throw off the DSO calculation.

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Mitzie

1 month ago

B) Sales patterns is the most common reason for misinterpreting DSO.

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Jennie

2 months ago

I feel like the size of the payment discount could play a role, but I don't recall it being the most common reason for misinterpretation.

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Paulene

2 months ago

I’m a bit confused about the role of weekends and holidays. Do they really affect DSO that much?

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Rebecka

2 months ago

I remember a practice question that mentioned sales patterns affecting DSO, so I’m leaning towards option B.

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Lai

2 months ago

A) Varying fiscal year-ends can really throw things off.

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Merrilee

3 months ago

I agree, but B also plays a role. Sales spikes can skew DSO.

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King

3 months ago

C is important too. Big discounts can change payment behavior.

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Justine

3 months ago

I think varying fiscal year-ends might be a big factor, but I'm not entirely sure how it impacts DSO.

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King

3 months ago

I'm a bit unsure about varying fiscal year-ends. Does that really have a big effect on DSO? I'll have to think that one through.

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Filiberto

4 months ago

The size of payment discounts is an interesting one. That could definitely influence how quickly customers pay their invoices.

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Salome

4 months 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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Marguerita

4 months 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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Donette

4 months ago

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

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Rosalind

2 months ago

True, but sales patterns might be the biggest factor.

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Jacqueline

2 months ago

I think varying fiscal year-ends could really throw things off.

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