CCM Study Guide 2026
Everything you need to pass the CCM exam in one place: the exam format, every topic to study, real practice questions with explanations, flashcards, and full-length practice tests. Free, no sign-up needed.
📋 CCM Exam Format at a Glance
📚 CCM Topics to Study (21)
✍️ Sample CCM Questions & Answers
1. Which of the following is a common short-term working capital financing strategy?
A revolving credit facility provides flexible short-term borrowing capacity that can be drawn and repaid repeatedly to fund temporary working capital needs.
2. Dynamic discounting in accounts payable allows buyers to:
Dynamic discounting lets buyers offer suppliers early payment at a sliding discount rate — the earlier the payment, the greater the discount.
3. Multi-bank cash pooling allows a corporate treasurer to:
Cash pooling consolidates subsidiary balances across banks — either physically via sweeps or notionally via virtual offsets — so the group earns interest on the net position and minimizes borrowing.
4. SWIFT messaging is primarily used for:
SWIFT (Society for Worldwide Interbank Financial Telecommunication) provides a secure, standardized messaging network for international bank-to-bank payment instructions and financial communications.
5. Which banking service helps companies concentrate cash from multiple accounts into one?
Cash concentration is a banking service designed to move funds from multiple subsidiary or regional bank accounts into a single master account. This process allows companies to centralize their cash management, improve liquidity, and optimize investment opportunities by having all available cash in one place. It enhances financial control and efficiency.
6. A company's current ratio is 1.8 and its quick ratio is 0.9. What does this indicate?
A large gap between the current and quick ratios indicates the company holds significant inventory; without it, liquid assets are insufficient to cover current liabilities.