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3I0-010 ACI-Operations Certificate Questions 96–100 (page: 21)

Updated On: 9-Feb-2026

What information is essential for an interbank FX confirmation?

  1. specification of the applicable law
  2. the value date
  3. the brokerage cost
  4. the name of the person(s) originating the deal

Answer(s): B



What is the most frequently used settlement process for securities?

  1. free of settlement payment
  2. cash settlement
  3. same day value settlement
  4. delivery-versus-payment

Answer(s): D



Which of the following is essential for the effective and timely execution of outward payments?

  1. confirmation of the exact processing time of the payment order with the central bank of your counterparty
  2. the strict adherence to the cut-off times of your domestic payment system
  3. confirmation of the time of processing of the payment order with your own central bank
  4. the strict adherence to the cut-off times for payments made worldwide

Answer(s): D



How are accounting entries USUALLY generated?

  1. They are generated based on a code profile held for each product type on a time event basis.
  2. They are generated based on a code profile held for each front office staff member.
  3. They are generated based on the nature of instruments (debits = first priority / credits = second priority).
  4. They are generated in the morning at start of business when there is no direct link to other systems.

Answer(s): A



What is done with counterparties confirmations?

  1. They are scanned for money laundering activities and afterwards destroyed
  2. They are forwarded to the deal capturer to check the completeness of the deal
  3. They are matched as soon as possible after receipt
  4. They are archived after reception

Answer(s): C



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