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NEW QUESTION: 1
Click on the Exhibit Button to view the Formula Sheet. The Model Code strongly recommends that intra-day oral deal checks should:
A. Be mutually agreed between the bank and the broker or counterparty.
B. Be the responsibility of the broker.
C. Be conducted out at the end of the morning and afternoon trading sessions.
D. Be only be conducted after the close of business.
Answer: A

NEW QUESTION: 2
Identify two purposes of Sub ledger Accounting.
A. to centralize accounting string generation across all modules
B. to calculate costs for transactions
C. to obtain detailed information for audit purposes since all sub ledger accounting is at the detail level
D. to maintain backward compatibility
E. to create accounting strings that can be viewed and corrected just before they are transferred to the General Ledger
Answer: B,E

NEW QUESTION: 3
Topic 11, Scenario 11 "Incident Management"
The following is the current incident handling process in used at the company.
Step 1: Incident is documented in the incident Tile with the following information:
- Software module or area where the fault occurred
- Who has reported the fault
- Hardware configuration used for the test that found the fault
- The sequential incident number (1 greater than the last one recorded) Step 2: Developer assigned to fix the fault Step 3: Developer fixes the fault
Step 4: Developer signs off the incident as closed, and it is then removed from the incident file Regarding the process described above, what is the most important recommendation you would make using IEEE 1044 as a guide?
A. No classification on type of incident
B. No mentioning of reproduceability
C. Incident numbering is manual rather than automated
D. No priority or severity assigned
Answer: D