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QUESTION 25
Match column A with column B below:
COLUMN A
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COLUMN B
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1
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Front office
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a
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Produces plans to achieve targets
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2
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Middle office
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b
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Settles deals (transactions) once authorisation has been done.
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3
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Back office
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c
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Books and executes trades.
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d
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Enforces and reviews risk limits.
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e
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Leads the treasury department.
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The correct option/match is …
a, 1. c; 2. d; 3.b
b, 1. d; 2. a; 3.c
c, 1. e; 2. b; 3 e
d, 1. d; 2. e; 3.a