IIA
IIA-CFSA · Question #168
IIA-CFSA Question #168: Real Exam Question with Answer & Explanation
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Question
Banks generally record securities transactions as of trade date. However, it is acceptable to record the transactions as of the _________ if the difference between the settlement date and trade date is not materially different.
Options
- AMarket closing date
- BSettlement date
- CA day before the closing date
- DNone of these
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