3I0-010 ACI Operations Certificate (Exam 7)

3I0-010 ACI Operations Certificate (Exam 7)

created by Fisher BRink (@fisher) at Feb. 8, 2016
  • What is the first task of the cash positions keeper every day?

  • Internal nostro ledger accounts

  • What criteria should reconciliation escalation be based on?

  • Why is securities reconciliation necessary?

  • Under what circumstances should you ask for "use of funds"?

  • What documents and/or information should you hold in order to start an investigation?

  • Due to an error by your dealers, your bank is 5 days late in paying EUR 10,000,000...

  • Which of the following steps describes the correct sequence for running an investi...

  • Under what circumstances would you have to pay overdraft interest?

  • You find that you have paid an amount to the wrong counterparty. What action shoul...

  • Why is a failed trade log important?

  • What is a ladder maturity report?

  • What does "arrange good value payment" mean?

  • What is the disadvantage having separate cash accounts?

  • What is the primary role of the position-keeper in a dealing room?

  • The use of a net open positions report:

  • A counterparty pays your bank USD 10,000,000.00 5 days late requiring you to pay o...

  • What are the communication channels most often used for investigations?

  • Which of the following best describes the main objective of the nostro reconciliat...

  • When completing a nostro reconciliation, what does an unresolved ledger debit sign...

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    Quiz Info
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    Feb. 8, 2016, 3:34 a.m.
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    20 questions
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    ACI

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