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ACI 3I0-010 Exam Sample Questions

Question: 4

The prompt sending and checking of confirmations is considered a best practice when dealing in:

  1. amounts higher than USD 10,000,000.00 or the equivalent in other currencies
  2. amounts higher than USD 1,000,000.00 or the equivalent in other currencies
  3. any amount unless dealt via a broker
  4. any amount by any counterparty


Answer: D

Question: 5

When should discrepancies between front-office and back-office systems be resolved?

  1. by the end of the trading day
  2. on the next business day
  3. on the value date
  4. as soon as they become apparent


Answer: D

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seems – noisy

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two. Lecturers go above syntactical elements. Actual 3I0-010 Illustration: situation, verb, ACI Exam Dumps item (would this do the task)

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Question: 2

The maximum term for which a London Certificate of Deposit may be issued is:

  1. 1 year
  2. 3 years
  3. 5 years
  4. 10 years


Answer: C

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Question: 4

The prompt sending and checking of confirmations is considered a best practice when dealing in:

  1. amounts higher than USD 10,000,000.00 or the equivalent in other currencies
  2. amounts higher than USD 1,000,000.00 or the equivalent in other currencies
  3. any amount unless dealt via a broker
  4. any amount by any counterparty


Answer: D

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Question: 4

The prompt sending and checking of confirmations is considered a best practice when dealing in:

  1. amounts higher than USD 10,000,000.00 or the equivalent in other currencies
  2. amounts higher than USD 1,000,000.00 or the equivalent in other currencies
  3. any amount unless dealt via a broker
  4. any amount by any counterparty


Answer: D

Question: 5

When should discrepancies between front-office and back-office systems be resolved?

  1. by the end of the trading day
  2. on the next business day
  3. on the value date
  4. as soon as they become apparent


Answer: D