Question 1

What is the ISO code for the currency of Hungary?
A) HUG
B) HKD
C) HRN
D) HUF

Accepted Answer

The ISO code for the currency of Hungary is HUF (Hungarian forint). Option A (HUG) is not a valid ISO code, Option B (HKD) is the ISO code for the currency of Hong Kong, and Option C (HRN) is the ISO code for the currency of Croatia.

Question 2

When a broker makes an error on payment instructions The Model Code recommends that:
A) The broker remains liable for the resulting differ
B) The broker remains liable until the error is disco
C) The broker is not liable at all.
D) The broker's liability should be limited as he is

Accepted Answer

The answer of When a broker makes an error on...

Exam 1: ACI Dealing Certificate-Part A

What is the ISO code for the currency of Hungary?

When a broker makes an error on payment instructions The Model Code recommends that: