ACT Practice Paper - Practice Paper 1 - Certificate in Treasury Fundamentals (CertTF)

Sep 29, 2026

Upload by sagouaw

Practice Paper 1 for the Certificate in Treasury Fundamentals (CertTF), produced by the Association of Corporate Treasurers (ACT) to support students’ preparation for the CertTF assessment. The paper includes a practice exam with an answer key and guidance on exam technique, recommended timing of 90 minutes, and how to review weak areas. It outlines assessment structure (75 multiple-choice questions, including 16 calculation questions), scoring rules, pass requirements, and calculator conditions, followed by practice questions.

LanguageEnglish

CategoryExam

FormatPDF

Pages26

Reading Time1 h 6 min

AccessFree to download

Introduction

Assessment technique: CertTF

Assessment information

Test specification

Marking and pass requirements

Exam conditions and calculator use

Questions

ACT Practice Paper Certificate in Treasury Fundamentals (CertTF) Practice Paper 1 Practice paper for the Certificate in Treasury Fundamentals (CertTF) Based on the syllabus assessed from 01 April 2022 Introduction This practice paper has been produced by the Awarding Body at the Association of Corporate Treasurers (ACT) to assist students in their preparation for the CertTF assessment. It contains a practice exam with answer key. Ideally, students should have completed the majority of their CertTF studies before attempting this practice paper. Students should allow themselves 90 minutes to complete the exam. They should then review their performance to identify areas of weakness on which to concentrate the remainder of their study time. Although the practice exam in this guide is typical of a CertTF assessment, it should be noted that it is not possible to test every single aspect of the syllabus in any one particular exam. To prepare properly for the examination, candidates should make full use of the tuition options where available and read as widely as possible to ensure that the whole syllabus has been covered. Assessment technique: CertTF The best approach to multiple choice assessments is to work methodically through the questions. Candidates should not spend too much time on any one question. If they cannot make up their mind, they should leave the question, flagging it to come back to later. When all of the questions have been answered, it is prudent to use any remaining time to go through each question again, carefully, to double-check that nothing has been missed. Altering just one incorrect response to a correct response could make the difference between passing and failing. Assessment information The CertTF assessment consists of 75 multiple choice questions, 25 from each of the three units that makeup this qualification. Of these 75 questions, 16 are calculation questions that reflect the content of the overall syllabus. Questions have been randomly selected for the three units but all the calculation questions are at the start of the exam and have been taken from each of the three learning areas, Units 1, 2 and 3. CertTF assessment test specification: | Unit Name | Amount of questions | | --- | --- | | Calculation Questions | 16 | | Unit 1 | 22 | | Unit 2 | 21 | | Unit 3 | 16 | | Total | 75 | The pass mark for the CertTF assessment is 76%, however whilst this is the nominal pass mark, in order to pass the assessment each candidate must also pass at least 8 of the 16 Calculation Questions. Under exam conditions, 1½ hours (90 minutes) is allowed for the CertTF assessment. For each question, there is only ONE correct answer. One mark is awarded for each correct response identified by the candidate. No mark is awarded if the candidate either chooses an incorrect response or fails to choose any response. No marks are deducted for candidates choosing an incorrect response. When you take your actual exam, you will be sitting online using your own PC/Laptop. You have access to an online scientific calculator, but for the purpose of this test, you may use a non-programmable scientific calculator. In order for you to determine whether or not you have passed, the correct answers are contained within atable at the end of this document. There is also reference to the relevant Unit and Learning Outcome if you need to revisit the associated material. At the end of your online assessment you will be issued with a provisional result indicating your grade. For the live exam, the ACT will email you within ten working days of your assessment advising that your confirmed result is now available. There are two forms of a confirmed result, an eCertificate or a Fail Notification. If you have been successful in your exam, you will also be issued with a digital credential, which you can share on social media platforms and add to your email signature. Questions 1 Deltone Plastics has an operating

FAQs

What is the purpose of CertTF Practice Paper 1?

It is produced by the ACT to help students prepare for the CertTF assessment and includes a practice exam with an answer key.

How long should candidates take to complete the practice exam?

Candidates should allow 90 minutes to complete the exam.

How is the CertTF assessment structured and what is the pass requirement?

The assessment has 75 multiple-choice questions (16 calculation questions). The pass mark is 76%, and candidates must also pass at least 8 of the 16 calculation questions.

Sep 29, 2026

Upload by sagouaw