ACI
3I0-012 · Question #566
Confirmations must be sent out
The correct answer is B. As quickly as possible after the deal is done. See the full explanation below for the reasoning.
Question
Confirmations must be sent out
Options
- AImmediately after the deal is done.
- BAs quickly as possible after the deal is done.
- CBy electronic media only, e.g. fax, telex.
- DNot later than the value date of the first leg of the transaction.
How the community answered
(58 responses)- A3% (2)
- B72% (42)
- C9% (5)
- D16% (9)
Community Discussion
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