ACI
3I0-013 · Question #111
You have 10 credited amounts of 1 million each with same value date and same currency. Which of the following items is most helpful in reconciling these amounts?
The correct answer is B. Each deal is registered according to a unique reference which helps in reconciling the items. See the full explanation below for the reasoning.
Question
You have 10 credited amounts of 1 million each with same value date and same currency. Which of the following items is most helpful in reconciling these amounts?
Options
- AWhen the deal was processed is a good indication of the amounts to be reconciled
- BEach deal is registered according to a unique reference which helps in reconciling the items
- CThe BIC-address helps you to reconcile the open items
- DNone of the above.
How the community answered
(29 responses)- A7% (2)
- B76% (22)
- C14% (4)
- D3% (1)
Community Discussion
No community discussion yet for this question.