ACI
3I0-013 · Question #177
When completing a nostro reconciliation, what does an outstanding statement credit possibly signify?
The correct answer is D. The duplicate receipt of funds from a counterparty. See the full explanation below for the reasoning.
Question
When completing a nostro reconciliation, what does an outstanding statement credit possibly signify?
Options
- AThe non-receipt of funds from a counterparty
- BThe non-payment of funds to a counterparty
- CThe duplicate payment of funds by a counterparty
- DThe duplicate receipt of funds from a counterparty
How the community answered
(50 responses)- A6% (3)
- B10% (5)
- C2% (1)
- D82% (41)
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