XYZ Company has incurred a financially devastating event because of a hurricane at its offshore...

Vendor: AFP
Product: CTP
Update on: Oct 21, 2025
Questions: 1076

AFP CTP Question Answer

XYZ Company has incurred a financially devastating event because of a hurricane at its offshore manufacturing plant. Due to the impact on liquidity, the company may not be able to survive. What should the Treasurer have done in order to assess the risk associated with this type of event?

Purchase sufficient insurance

Negotiate back-up lines of credit

Develop a contingency funding plan

Evaluate financial derivatives contract