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ACI

3I0-013 · Question #90

Which one of the following excerpts completes this statement of a best market practice? Any exception to the confirmation process should be resolved?

The correct answer is B. Within 2 days. See the full explanation below for the reasoning.

Question

Which one of the following excerpts completes this statement of a best market practice? Any exception to the confirmation process should be resolved?

Options

  • ANo later than the value date
  • BWithin 2 days
  • CWithin 1 week
  • DOn the day it is discovered

How the community answered

(24 responses)
  • A
    8% (2)
  • B
    75% (18)
  • C
    4% (1)
  • D
    13% (3)

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Full 3I0-013 Practice