1. Yes
2. Yes. The ATP-CTP course is strictly for preparation to take the ATP Knowledge Exam (written). ATP Flight Training is normally separate expense.
It is possible that the ATP-CTP can be combined with a Part 121 air carrier's new hire training program (includes ground, flight and type rating ride). A few Regional airlines may have been approved for the ATP-CTP course. Check with the airline of interest if that is the direction you intend to go.