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3I0-013 · Question #171

3I0-013 Question #171: Real Exam Question with Answer & Explanation

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Question

Which of the following best describes the main objective of the nostro reconciliation function?

Options

  • ATo ensure efficient cash management
  • BTo ensure that ail receipts of foreign currency are made in a timely fashion
  • CTo reduce the amounts paid in interest rate claims due to late payments
  • DTo ensure that expected cash movements agree with the actual movements of currency

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