ACI
3I0-013 · Question #255
3I0-013 Question #255: Real Exam Question with Answer & Explanation
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Question
What is the disadvantage having separate cash accounts?
Options
- AYou need more back office staff to book the fees
- BOne account could be overdrawn while the other has excess funds.
- COne securities account could be overdrawn while the other has excess securities.
- DThe workload of the auditors, compliance officers, risk managers and dealers will be higher
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