IIA
IIA-CFSA · Question #487
IIA-CFSA Question #487: Real Exam Question with Answer & Explanation
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Question
I- With reference to the granting of customer credit lines a thorough analysis of the customer's overall financial position is performed prior to trading authorization. II-confirmations of each transaction are sent to customers indicating the quantity, delivery month and the contract price to ensure the integrity of transactions. III-Original margin deposits in cash or acceptable securities to guarantee performance of contracts are determined in accordance These all are adequate procedures and controls associated with:
Options
- ACommodity transaction
- BMutual funds audit
- CBond audit
- DNone of these
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