IIA Exam IIA-CFSA Topic 3 Question 44 Discussion

Actual exam question for IIA's IIA-CFSA exam

Question #: 44
Topic #: 3

[All IIA-CFSA Questions]

___________ bank balances are bank assets on deposit in other banks.

A''Due from''

B''Due to fixed reserves

C''Due from reserves''

DBoth B& C

Show Suggested Answer

Suggested Answer: D

by Raina at Jan 28, 2024, 09:22 PM

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2 days ago

I agree with Avery, 'Due from' makes sense as bank balances are assets on deposit in other banks.

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5 days ago

I think the answer is A) 'Due from'.

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