ACI
3I0-013 · Question #110
The use of a net open positions report:
The correct answer is C. can be used as the basis of reporting the bank's position to the relevant tax regulations office. See the full explanation below for the reasoning.
Question
The use of a net open positions report:
Options
- Acan be used to show the counterparty the amounts it has to pay
- Bcan be used as the basis of reporting the bank's position to the relevant central bank of the
- Ccan be used as the basis of reporting the bank's position to the relevant tax regulations office
- Dcan be used to adjust the country limits
How the community answered
(28 responses)- A11% (3)
- B4% (1)
- C82% (23)
- D4% (1)
Community Discussion
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