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3I0-012 Exam Dumps : ACI Dealing Certificate

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ACI Dealing Certificate Questions and Answers

Question 1

Which of the following statements is true?

Options:

A.

Prices quoted by brokers should be taken to be firm in marketable amounts unless otherwise qualified

B.

Prices quoted by brokers should be taken to be indicative in marketable amounts unless otherwise qualified

C.

Prices quoted by brokers should be taken to be firm in amounts of 1,000,000.00 of the quoted currency unless otherwise qualified

D.

Prices quoted by brokers should be taken to be indicative in amounts of 1,000,000.00 of the base currency unless otherwise qualified

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Question 2

What is the ISO code for the currency of Hungary?

Options:

A.

HUG

B.

HKD

C.

HRN

D.

HUF

Question 3

Where the matter of dealing for personal account is concerned, the Model Code recommends that

Options:

A.

Subject to local legal requirements, this matter is one for bank management to decide.

B.

Bank management should encourage such activities because it allows banks to monitor the gambling habits of their staff.

C.

Where this is allowed, bank management should have a clearly defined policy and written procedures.

D.

Bank management should allow staff to deal for their personal account on a case to case basis.