New Year Sale 2026! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

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?

Show Suggested Answer Hide Answer
Suggested Answer: B

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

Limited Time Offer

25%

Off

Get Premium CSP-Assessor Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

0/2000 characters
Submit Cancel
Wilson
3 months ago
I thought it was just about relationships, interesting!
upvoted 0 times
...
Jamal
3 months ago
Nope, it includes risk assessment and monitoring as well.
upvoted 0 times
...
Pedro
3 months ago
Wait, is it really just about that? Seems too narrow.
upvoted 0 times
...
Lamonica
4 months ago
Totally agree, it covers broader aspects too!
upvoted 0 times
...
Quentin
4 months ago
It's mainly about validating counterparties, but there's more to it.
upvoted 0 times
...
Louvenia
4 months ago
I thought it was just about validation too, but I guess there could be other elements involved in the control process.
upvoted 0 times
...
Gary
4 months ago
I feel like the answer is "No," but I can't recall all the details about what else it might include.
upvoted 0 times
...
Dorian
4 months ago
I remember a similar question about business controls, and it seemed like they covered broader aspects of risk management.
upvoted 0 times
...
Dahlia
5 months ago
I think the control might involve more than just validating counterparty relationships, but I'm not entirely sure.
upvoted 0 times
...
Keith
5 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.
upvoted 0 times
...
Corinne
5 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.
upvoted 0 times
...
Reid
5 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.
upvoted 0 times
...
Janessa
5 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.
upvoted 0 times
...
Marica
1 year 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.
upvoted 0 times
Caprice
1 year ago
The 'RMA Business Controls' cover a wide range of processes, not just counterparty validation.
upvoted 0 times
...
Caprice
1 year ago
No
upvoted 0 times
...
Caprice
1 year ago
Yes
upvoted 0 times
...
...
Eileen
1 year ago
I think it's a trick question, the control may have broader implications beyond just counterparty relationships.
upvoted 0 times
...
Tasia
1 year 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.
upvoted 0 times
Scot
1 year ago
It's important to understand the full scope of the control.
upvoted 0 times
...
Lavonda
1 year ago
The control is more comprehensive than just that one aspect.
upvoted 0 times
...
Tabetha
1 year ago
Yeah, it covers a lot more than just that.
upvoted 0 times
...
Artie
1 year ago
I agree, it's definitely not just about validating counterparty relationships.
upvoted 0 times
...
...
Earnestine
1 year 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!
upvoted 0 times
...
Marva
1 year 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.
upvoted 0 times
Raymon
1 year ago
Exactly, the control covers a wide range of requirements beyond just validating counterparty relationships.
upvoted 0 times
...
Raymon
1 year ago
B) No
upvoted 0 times
...
...
Jenelle
1 year ago
I agree with Aimee, the control seems to focus on validating counterparty relationships.
upvoted 0 times
...
Loise
1 year ago
I disagree, I believe it covers more than just that.
upvoted 0 times
...
Aimee
1 year ago
Yes, I think it is only about validating counterparty relationships.
upvoted 0 times
...

Save Cancel