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AFP CTP Question # 173 Topic 18 Discussion

CTP Exam Topic 18 Question 173 Discussion:
Question #: 173
Topic #: 18

A company is considering expanding to a three-site lockbox system from its current two-site system and has collected the following data:

CTP Question 173

The average collection float in the current system is:
A.

3,000,000 dollar-days.

B.

8,000,000 dollar-days.

C.

11,000,000 dollar-days.

D.

13,000,000 dollar-days.

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Actual exam question for AFP CTP exam by Cyra8731 at May 3, 2026, 5:43:19 PM

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