Quiz · Module 5

FX board, documents, reports and audit trail

8 questions. The pass mark is 6 of 8, which is 70% rounded up. You can retake it.

Question 1

Your business uses two AD banks. Before a supplier payment, you want to see which bank costs fewer rupees. Where do you look?

A) BoE register B) FX board, which shows each AD bank's rate against the interbank mid and the rupee cost against mid and best quote C) Purpose-code summary D) Import Outstanding Statement

Question 2

Where can an AD bank's rate on the FX board come from?

A) Only from the SWIFT copy B) Only from the last remittance C) A spread, a bank rate card or a live API D) Only from the eBRC

Question 3

You have agreed a rate with the bank for a remittance. How do you keep that rate with the remittance record?

A) Book the deal and stamp it on the remittance B) Type it into the letterhead C) Add it to the party name D) Upload it to the audit trail

Question 4

The finance head asks for a view of what the gap between bank rates and the mid rate has cost. Which report do you open?

A) XOS B) ORM C) EDF register D) Spread-leakage report

Question 5

You try to print a letter, but a required field on the record is empty. What should you expect?

A) The letter prints with a blank and no warning B) Required fields are checked before printing, so the gap is flagged for you to fix on the record C) The bank is informed automatically D) The record is deleted

Question 6

A learner in a free workspace wants to generate a payment request letter from an import record. Is that available?

A) Yes. Every standard letter, declaration and RBI form is generated from the record on every plan B) No, letters need Growth and above C) Only RBI forms are available D) Only after DSC signing

Question 7

Your team wants to sign documents with a DSC and email the pack to the bank from the platform. What applies?

A) This is on every plan B) This needs the Workbench add-on C) Document Studio, DSC signing and emailing the pack to the bank are on Growth and above D) This is not possible on any plan

Question 8

During a review, someone asks what actions were taken on a remittance record. Where do you look?

A) Purpose-code summary B) FX exposure page C) Letterhead settings D) Audit trail, which records every action

General information. Confirm with your AD bank or CA.