ACI Operations Certificate challenging 3I0-013 Question # 164 Topic 5 Discussion

ACI Operations Certificate challenging 3I0-013 Question # 164 Topic 5 Discussion

3I0-013 Exam Topic 5 Question 164 Discussion:
Question #: 164
Topic #: 5

In the absence of his normal dealer contact, a counterparty calls the back office and asks the clerk for his opinion about how long his money should be placed on deposit. What action should the back office clerk take?


A.

He should give his opinion.


B.

He should give his opinion and tell the counterparty that he is not qualified to do so.


C.

He should tell the counterparty that he is not qualified to give an opinion and refer the counterparty to another dealer.


D.

He should give his opinion and refer the counterparty to another dealer.


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