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CCM Certified Cash Manager VIP Practice Exam
CCM — The Certified Cash Manager (CCM) credential was issued by the Association for Financial Professionals (AFP) and has since been superseded by the Certified Treasury Professional (CTP) designation; the exam covered cash management, treasury operations, payment systems, short-term investing/borrowing, working capital, and risk management across approximately 170 questions in a 3-hour sitting with a scaled passing score of roughly 300/500.
31
Questions
180m
Time Limit
70.00%
To Pass
Question 1 of 31👑 VIP
A treasury analyst at a mid-sized manufacturing company is reviewing the firm's daily cash position. At the start of the day, the ledger balance is $4,200,000. During the day, the firm receives ACH credits totaling $875,000, issues checks totaling $1,100,000 (of which $600,000 is expected to clear today based on historical presentment patterns), and initiates a wire transfer of $250,000. What is the best estimate of the firm's collected balance at end of day?
Questions 2–31 and full explanations are VIP-exclusive.