What is the disadvantage having separate cash accounts?

Question

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

• A
  4% (1)
• B
  4% (1)
• C
  78% (18)
• D
  13% (3)

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