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AFP CTP Exam - Topic 2 Question 18 Discussion

Actual exam question for AFP's CTP exam
Question #: 18
Topic #: 2
[All CTP Questions]

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

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Suggested Answer: A

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

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Harrison
3 days ago
D) Signature card, easy peasy. I could do this exam in my sleep.
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Amos
8 days ago
I always get these financial documents mixed up. Signature card, credit agreement, what's the difference?
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Yolande
13 days ago
D) Signature card is the correct answer. It's the document that authorizes the representative to enter into financial agreements.
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Angella
18 days ago
I’m leaning towards D) Signature card too, but I wonder if the credit agreement could also serve that purpose in some cases.
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Wilda
23 days 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.
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Quinn
29 days 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.
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Winfred
1 month 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.
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Daren
1 month 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.
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Merissa
1 month 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.
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Mica
2 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.
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Teri
2 months ago
Hmm, I'm not totally sure about this one. I'll have to think it through carefully and consider the options.
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Wilda
2 months ago
I think the signature card is the document that authorizes a business representative to enter into financial agreements.
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