ACI
3I0-013 · Question #113
3I0-013 Question #113: Real Exam Question with Answer & Explanation
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Question
Why is securities reconciliation necessary?
Options
- ATo prevent that a failed order results in a failure to settle that day, which in turn would lead to
- BTo facilitate the handling of complex security transactions.
- CIn order to save data capacity in electronic archiving systems.
- DTo anticipate the fact that clearing houses stop processing in the afternoon, whereas payment
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