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AFP CTP Exam - Topic 2 Question 18 Discussion

Posted by Taryn on Jan 05, 2026 at 05:16 AM

What document serves as the basic account or service authorization, empowering a representative of a business to enter into agreements for financial services?

Suggested Answer: A

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26 comments · newest first
LA
Lashandra 5 months ago
C) Service agreement could work, but not my first choice.
CA
Carry 5 months ago
A) Account resolution sounds too vague.
SA
Salena 6 months ago
I disagree, I lean towards B) Credit agreement.
TH
Theron 6 months ago
I think it's D) Signature card.
DE
Deeanna 6 months ago
Just to clarify, the Signature card is used for authorization.
BE
Benedict 6 months ago
Really? I always thought it was something else entirely.
LA
Laura 6 months ago
No way, it's the Service agreement for sure!
DE
Deangelo 6 months ago
I thought it was the Credit agreement.
LO
Lourdes 7 months ago
It's definitely the Signature card!
KA
Kallie 7 months ago
Wait, is the answer a credit card? I'm going to need that to pay for this exam!
TH
Thersa 7 months ago
Hmm, I'm not sure. Is it B) Credit agreement? That sounds like it would give the authority to enter agreements.
HA
Harrison 8 months ago
D) Signature card, easy peasy. I could do this exam in my sleep.
AM
Amos 8 months ago
I always get these financial documents mixed up. Signature card, credit agreement, what's the difference?
YO
Yolande 8 months ago
D) Signature card is the correct answer. It's the document that authorizes the representative to enter into financial agreements.
AN
Angella 8 months ago
I’m leaning towards D) Signature card too, but I wonder if the credit agreement could also serve that purpose in some cases.
WI
Wilda 8 months ago
I feel like the credit agreement could also be a contender, but it doesn't seem to fit the description as well as the signature card.
QU
Quinn 8 months ago
I remember practicing a question similar to this, and I think it was about service agreements. But I can't recall if that fits here.
WI
Winfred 9 months ago
I think the answer might be D) Signature card, but I'm not entirely sure. It seems like the right document for authorizing someone.
DA
Daren 9 months ago
Signature card is the way to go on this one. That's the key document that grants the representative the power to make financial deals for the company.
ME
Merissa 9 months ago
I'm a bit confused by this question. I'll need to review my notes on business financial documents to decide between the options.
MI
Mica 9 months ago
The signature card seems like the most likely answer here. That's the document that gives the representative the authority to act on behalf of the business.
TE
Teri 9 months ago
Hmm, I'm not totally sure about this one. I'll have to think it through carefully and consider the options.
WI
Wilda 10 months ago
I think the signature card is the document that authorizes a business representative to enter into financial agreements.
ER
Erick 3 months ago
↳ replying to Wilda
I’ve seen it used in many financial setups. Good point!
AL
Alline 4 months ago
↳ replying to Wilda
Definitely! It’s the key to signing those agreements.
JO
Jolene 5 months ago
↳ replying to Wilda
I agree, the signature card is crucial for authorization.
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