Which of the Following Statements Is NOT Correct? High-Value Payments

question 64

Multiple Choice

Which of the following statements is NOT correct? High-value payments in the ASX are:

• A)fed to RITS by CHESS.
• B)settled through the real-time gross settlement system.
• C)trigger interbank transfers among ESAs.
• D)processed through SWIFT PDS.

Distinguish between temporary and long-term investment strategies and their respective accounting treatments.

Understand how dividends received from investments impact the carrying amount of the investment.

Identify the conditions under which consolidated financial statements are prepared.

Recognize the accounting implications of buying and selling bonds before their maturity date.

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Definitions:

Discriminate

To treat someone differently or unfairly based on characteristics such as race, gender, age, or religion.

Public Acts

Laws or legislative decisions that are passed by government and apply to the public as a whole.

Preemptive Power

The authority to act before others to prevent an undesirable outcome, often used in legal or military contexts to describe preemptive measures or actions.

Necessary

Something essential or required for a particular purpose or outcome, often in the context of achieving goals or fulfilling conditions.