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American Bankers Association CRCM Exam - Topic 8 Question 43 Discussion

Which of the following is NOT a requirement of the Interagency Statement on Retail Sales of Nondeposit Investments?
B) That all bank employees receive special training on the nondeposit investment products sold by the bank
A) That employees selling nondeposit investments receive special training on the products they sell
C) That employees selling nondeposit investments ensure that the product is suitable to the customer purchasing it
D) That the history of employees selling nondeposit investments be checked before their employment

American Bankers Association CRCM Exam - Topic 8 Question 43 Discussion

Actual exam question for American Bankers Association's CRCM exam
Question #: 43
Topic #: 8
[All CRCM Questions]

Which of the following is NOT a requirement of the Interagency Statement on Retail Sales of Nondeposit Investments?

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Suggested Answer: B

by Junita at May 06, 2022, 07:51 PM

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Carey
8 months ago
Isn't it surprising that they don't check employee history?
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Cammy
9 months ago
Yeah, I remember reading that only the sales team needs specific training.
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Glenn
9 months ago
Wait, are you sure about that? I thought all employees needed some training.
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Kassandra
9 months ago
Totally agree, B seems off.
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Viva
9 months ago
I think option B is the one that doesn't fit.
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Buddy
9 months ago
I'm a bit confused by this one. The sales rep is the record owner, but they're missing from the manager's forecast. I'm not sure if the issue is with the owner adjustments, manager adjustments, or something else entirely. I'll have to really think this through and consider each option carefully.
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Magnolia
10 months ago
Okay, I think the Teams user activity report is the best fit. It should give me the user-level details on channel messages, meetings, and video time that they're looking for.
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