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ACI

3I0-012 · Question #623

The term "under reference" refers to:

The correct answer is B. The need to reconfirm a transaction. See the full explanation below for the reasoning.

Question

The term "under reference" refers to:

Options

  • AAn unavailability of credit limit for the counterparty.
  • BThe need to reconfirm a transaction.
  • CThe unacceptability of the counterparty's name.
  • DThe rate quoted is going to be revised.

How the community answered

(23 responses)
  • A
    4% (1)
  • B
    74% (17)
  • C
    4% (1)
  • D
    17% (4)

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Full 3I0-012 Practice