ACI Operations Certificate challenging 3I0-013 Question # 145 Topic 4 Discussion

ACI Operations Certificate challenging 3I0-013 Question # 145 Topic 4 Discussion

3I0-013 Exam Topic 4 Question 145 Discussion:
Question #: 145
Topic #: 4

What is the purpose of “internal cash reconciliation”?


A.

To control the bank’s cash and derivative positions


B.

To reconcile and control the cash balance for the Bank for International Settlements (BIS)


C.

To reconcile and control the cash balance for the central bank


D.

Cash forecasting, cash collateral and cash positions control


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