ACI
3I0-012 · Question #130
What is meant by "turn of the month"?
The correct answer is C. value last business day of the month against first business day of the next month. See the full explanation below for the reasoning.
Question
What is meant by "turn of the month"?
Options
- Athe last calendar day of the month
- Bthe last bank business day of the month
- Cvalue last business day of the month against first business day of the next month
- Dvalue first business day of the month against last business day of the same month
How the community answered
(53 responses)- A4% (2)
- B11% (6)
- C83% (44)
- D2% (1)
Community Discussion
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