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3I0-012 · Question #490

The term "under reference" refers to:

The correct answer is D. a qualification stating that the rate quoted may no longer be valid and requires confirmation before any. See the full explanation below for the reasoning.

Question

The term "under reference" refers to:

Options

  • Aan unavailability of a credit limit for the counterparty
  • Ba qualification stating that a transaction needs to be reconfirmed
  • Cthe unacceptability of the counterparty's name
  • Da qualification stating that the rate quoted may no longer be valid and requires confirmation before any

How the community answered

(58 responses)
  • A
    3% (2)
  • B
    7% (4)
  • C
    16% (9)
  • D
    74% (43)

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