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AIWMI CCRA-L2 Exam - Topic 6 Question 95 Discussion

Which of the following are types of bank guarantee?
B) Financial and Performance
A) Deferred and Term
C) Usance and Sight

AIWMI CCRA-L2 Exam - Topic 6 Question 95 Discussion

Actual exam question for AIWMI's CCRA-L2 exam
Question #: 95
Topic #: 6
[All CCRA-L2 Questions]

Which of the following are types of bank guarantee?

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Suggested Answer: B

by Horace at Aug 23, 2024, 06:26 AM

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Lettie
10 months ago
So many types! I had no idea there were this many options.
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Dick
10 months ago
I thought deferred was a thing too, but not sure about A.
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Fletcher
10 months ago
Wait, are usance and sight really types of guarantees?
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Luisa
10 months ago
Totally agree, B is definitely correct!
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Jettie
11 months ago
A bank guarantee can be financial or performance based.
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Mari
11 months ago
I’m torn between A and C; I know they both sound familiar, but I can't recall the specifics of each type.
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Thaddeus
11 months ago
I practiced a question similar to this, and I think B is definitely one of the correct answers.
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Deonna
11 months ago
I feel like usance and sight might be related to payment terms rather than guarantees. It's a bit confusing.
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Sunny
11 months ago
I think I remember that financial and performance guarantees are common types, but I'm not entirely sure about the others.
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Shoshana
11 months ago
I think I've got a handle on this. Financial and performance guarantees are the main types, and the other options seem to be describing the timing or duration of the guarantees. I'll give it my best shot.
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Junita
11 months ago
I'm a bit confused by the terminology here. Deferred, term, usance, sight - those aren't terms I'm super familiar with when it comes to bank guarantees. I'll have to guess on this one.
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Louann
11 months ago
Okay, let me see. I know there are different categories of bank guarantees, like financial and performance. I'll try to match those up with the options given.
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Glenna
11 months ago
Hmm, I'm not entirely sure about the differences between the types of bank guarantees. I'll need to think this through carefully.
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Walton
11 months ago
This looks like a straightforward question on types of bank guarantees. I'm pretty confident I can handle this.
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Viva
12 months ago
I'm not totally sure about this one. The output mentions 'Stopped myapp', so it seems like the user did something to interrupt the running program. I'll have to think this through carefully.
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Shenika
2 years ago
Bank guarantees? Is that like when you have to put up your first-born child as collateral? Asking for a friend.
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Deeanna
2 years ago
Oh, I know this one! It's definitely A) Deferred and Term. I aced that section in my study guide.
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Eleonora
2 years ago
You're correct! It is A) Deferred and Term.
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Mignon
2 years ago
I'm pretty sure it's A) Deferred and Term.
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Emily
2 years ago
Actually, I believe it's C) Usance and Sight.
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Eloisa
2 years ago
I think it's B) Financial and Performance.
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Anastacia
2 years ago
I agree with Rosita, Financial and Performance guarantees are widely used for securing payments and completing projects.
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Odette
2 years ago
Hmm, I think C) Usance and Sight are the types of bank guarantees. The terms sound familiar.
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Hana
2 years ago
I think A) Deferred and Term are also types of bank guarantees.
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Lazaro
2 years ago
I agree, C) Usance and Sight are types of bank guarantees.
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Rosita
2 years ago
But Financial and Performance guarantees are more common in business transactions.
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Tess
2 years ago
I believe it's Deferred and Term.
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Rosita
2 years ago
I think the types of bank guarantee are Financial and Performance.
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Princess
2 years ago
I'm pretty sure it's B) Financial and Performance. I remember learning about those in my banking courses.
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Dierdre
2 years ago
I agree, I remember studying that in my banking courses too.
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Yvonne
2 years ago
Yes, those are the types of bank guarantee.
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Twanna
2 years ago
I think you're right, it's B) Financial and Performance.
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