ACI
3I0-013 · Question #301
What is the main role of back office staff?
The correct answer is A. To confirm the accuracy of counterparties' mailing addresses. See the full explanation below for the reasoning.
Question
What is the main role of back office staff?
Options
- ATo confirm the accuracy of counterparties' mailing addresses
- BTo inform the central bank when a country limit is higher than a fixed level
- CTo ensure that trades are confirmed and settled correctly in accord with best market practice
- DTo be in constant contact with the counterparties' front office staff
How the community answered
(41 responses)- A76% (31)
- B5% (2)
- C5% (2)
- D15% (6)
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