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    Question

    Within the operations of a bank’s back-office

    functions, which of the following is not typically a part of back-office responsibilities?
    A Trade Confirmation and Reconciliation Correct Answer Incorrect Answer
    B Settlement of Financial Transactions Correct Answer Incorrect Answer
    C Setting Credit Limits for Borrowers Correct Answer Incorrect Answer
    D Processing of Loan Documentation Correct Answer Incorrect Answer
    E Risk Monitoring and Reporting Correct Answer Incorrect Answer

    Solution

    Back-office functions include administrative and operational processes like settlement and documentation. Setting credit limits is a front-office or risk management role.

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