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Swift CSP-Assessor Exam - Topic 1 Question 8 Discussion

Is the control 2. 11 "RMA Business Controls'' only about the process of validating the defined counterparty relationships?
B) No
A) Yes

Swift CSP-Assessor Exam - Topic 1 Question 8 Discussion

Actual exam question for Swift's CSP-Assessor exam
Question #: 8
Topic #: 1
[All CSP-Assessor Questions]

Is the control 2. 11 "RMA Business Controls'' only about the process of validating the defined counterparty relationships?

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Suggested Answer: B

by Howard at Dec 10, 2024, 06:42 AM

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Wilson
8 months ago
I thought it was just about relationships, interesting!
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Jamal
8 months ago
Nope, it includes risk assessment and monitoring as well.
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Pedro
8 months ago
Wait, is it really just about that? Seems too narrow.
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Lamonica
9 months ago
Totally agree, it covers broader aspects too!
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Quentin
9 months ago
It's mainly about validating counterparties, but there's more to it.
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Louvenia
9 months ago
I thought it was just about validation too, but I guess there could be other elements involved in the control process.
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Gary
9 months ago
I feel like the answer is "No," but I can't recall all the details about what else it might include.
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Dorian
9 months ago
I remember a similar question about business controls, and it seemed like they covered broader aspects of risk management.
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Dahlia
10 months ago
I think the control might involve more than just validating counterparty relationships, but I'm not entirely sure.
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Keith
10 months ago
I'm a bit unsure about this one. The control name doesn't give a clear indication of the full scope. I'll need to read the description carefully and consider the answer choices before making a decision.
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Corinne
10 months ago
This seems straightforward. The control is called "RMA Business Controls", so it's likely broader than just validating counterparty relationships. I'll go with "No" on this one.
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Reid
10 months ago
Okay, the question is asking if the control is only about validating counterparty relationships. I think I can work through this by analyzing the control description and the answer choices to determine the full scope of the control.
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Janessa
10 months ago
Hmm, this looks like a tricky one. I'll need to carefully read through the control description and the options to see if it's just about validating counterparty relationships or if it covers other aspects of business controls.
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Marica
2 years ago
The 'RMA Business Controls' are way more than just counterparty validation. This question is a real head-scratcher, but the right answer is clear.
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Caprice
2 years ago
The 'RMA Business Controls' cover a wide range of processes, not just counterparty validation.
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Caprice
2 years ago
No
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Caprice
2 years ago
Yes
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Eileen
2 years ago
I think it's a trick question, the control may have broader implications beyond just counterparty relationships.
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Tasia
2 years ago
Haha, this question is like a bad riddle. Of course the answer is B) No, anyone who's actually read the control would know that.
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Scot
2 years ago
It's important to understand the full scope of the control.
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Lavonda
2 years ago
The control is more comprehensive than just that one aspect.
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Tabetha
2 years ago
Yeah, it covers a lot more than just that.
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Artie
2 years ago
I agree, it's definitely not just about validating counterparty relationships.
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Earnestine
2 years ago
This question is making my brain hurt. If the 'RMA Business Controls' were just about counterparty validation, they'd call it the 'Counterparty Validation Control' instead!
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Marva
2 years ago
The control is clearly about more than just validating counterparty relationships. The image shows a comprehensive list of requirements, so B) No is the correct answer.
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Raymon
2 years ago
Exactly, the control covers a wide range of requirements beyond just validating counterparty relationships.
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Raymon
2 years ago
B) No
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Jenelle
2 years ago
I agree with Aimee, the control seems to focus on validating counterparty relationships.
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Loise
2 years ago
I disagree, I believe it covers more than just that.
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Aimee
2 years ago
Yes, I think it is only about validating counterparty relationships.
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