nerdexam
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)
  • A
    8% (2)
  • B
    4% (1)
  • C
    84% (21)
  • D
    4% (1)

Community Discussion

No community discussion yet for this question.

Full 3I0-013 Practice