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IIA-IAP - Internal Audit Practitioner

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NEW QUESTION: 1
Click on the Exhibit Button to view the Formula Sheet. You and a dealer at another bank have an informal bilateral reciprocal arrangement to quote each other two-way prices.
During periods of high volatility, the other dealer refuses to quote to you. The Model Code states that:
A. The other dealer should act with honour, honesty and integrity.
B. All of the above.
C. Such arrangements are not in any way enforceable or binding.
D. It is a purely matter for your two institutions.
Answer: D

NEW QUESTION: 2
By default, how long will an AP scan a single channel when ARM is enabled?
A. 80 milliseconds
B. 90 milliseconds
C. 200 milliseconds
D. 110 milliseconds
E. 100 milliseconds
Answer: D


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