AFP Exam CTP Topic 3 Question 11 Discussion

Actual exam question for AFP's CTP exam

Question #: 11
Topic #: 3

[All CTP Questions]

Which of the following is a common method for assigning float on a check deposited to a non-US bank account?

AProof of deposit

BCompany sample

CValue dating

DFractional availability

Show Suggested Answer

Suggested Answer: C

by Amber at Jul 05, 2025, 08:54 PM

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Ruthann

21 hours ago

C) Value dating, for sure. It's the only one that doesn't sound like it was made up on the spot.

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Gretchen

4 days ago

A) Proof of deposit, all the way! Who needs fancy methods when you can just show the bank the proof, am I right?

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Joanna

6 days ago

I agree with Whitley, Value dating makes sense for assigning float on a check deposited to a non-US bank account.

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Willodean

15 days ago

D) Fractional availability, no doubt. It's the only answer that's got that fancy 'fractional' word in it. Gotta be the right choice!

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Kara

16 days ago

Ooh, this one's tricky! I'd go with C) Value dating. Sounds like the most legit option to me.

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Lorriane

2 days ago

I'm not sure, but I would also go with C) Value dating.

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Lashanda

6 days ago

I think C) Value dating is the right choice.

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Whitley

19 days ago

I think the answer is C) Value dating.

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