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AFP CTP Exam - 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?

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Suggested Answer: C

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

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Johnna
5 months ago
Proof of deposit is also used sometimes, not just value dating.
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Oliva
5 months ago
Wait, fractional availability? I thought that was rare.
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Verda
6 months ago
Definitely agree, value dating is the way to go!
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Azalee
6 months ago
Not sure about that, seems like there are more methods out there.
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Tatum
6 months ago
I've heard value dating is pretty common for this.
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Clemencia
6 months ago
I’m leaning towards value dating too, but I also remember something about company samples being relevant in some contexts.
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Robt
7 months ago
Proof of deposit sounds familiar, but I can't recall if it's specifically for non-US accounts.
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Levi
7 months ago
I feel like fractional availability was mentioned in a practice question we did last week. Could that be the answer?
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Wilson
7 months ago
I think I remember something about value dating being used for checks, but I'm not entirely sure if it's the right answer here.
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Hoa
7 months ago
Value dating, that's the one! I remember learning about that in my banking and finance class. Definitely the right answer here.
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Phyliss
7 months ago
Okay, let me see. Proof of deposit and company sample don't sound like they would be used for assigning float on international checks. I'm leaning towards C or D, but I'm not 100% sure.
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Cassie
7 months ago
Hmm, I'm not too familiar with this topic. I'll have to think it through carefully. Maybe I can eliminate some of the options that don't seem relevant.
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Bethanie
8 months ago
I'm pretty sure the answer is C. Value dating is a common method for assigning float on checks deposited to non-US bank accounts.
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Gerald
10 months ago
Fractional availability? Sounds like a new cryptocurrency if you ask me. I'm investing!
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Leota
8 months ago
Some common methods include proof of deposit, company sample, and value dating.
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Belen
9 months ago
Oh really? I had no idea. What other methods are commonly used for assigning float on such checks?
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Lajuana
9 months ago
I don't think fractional availability is a cryptocurrency, it's actually a method for assigning float on a check deposited to a non-US bank account.
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Dorthy
10 months ago
I'm not sure, but I think it could also be D) Fractional availability.
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Ruthann
10 months 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
10 months 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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Arlette
9 months ago
B) I think value dating is a common method used for assigning float on a check deposited to a non-US bank account.
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Judy
10 months ago
A) Proof of deposit is definitely the way to go. Simple and effective.
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Joanna
10 months 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
11 months 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
11 months 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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Davida
10 months ago
I agree, C) Value dating seems like the most logical option.
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Lorriane
10 months ago
I'm not sure, but I would also go with C) Value dating.
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Lashanda
10 months ago
I think C) Value dating is the right choice.
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Whitley
11 months ago
I think the answer is C) Value dating.
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