ACI
3I0-013 · Question #112
Why should the maturity profile of unreconciled items be frequently reviewed?
The correct answer is C. It allows reconciliation staff to check the bilateral limits with counterparties and to adjust these. See the full explanation below for the reasoning.
Question
Why should the maturity profile of unreconciled items be frequently reviewed?
Options
- AIt allows the compliance officer to see how often the reconciliation staff has claimed for an
- BIt allows management to see what items are pending by value and counterparty, but also how
- CIt allows reconciliation staff to check the bilateral limits with counterparties and to adjust these
- DBecause the most recent figures have to be published in the balance report
How the community answered
(25 responses)- A8% (2)
- B4% (1)
- C84% (21)
- D4% (1)
Community Discussion
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