Test your knowledge: Back office – Basic level

Test your knowledge about operations, as well as ICT processes, finance & control, accounting and legal aspects
Knowledge related to Operations, Business Control & Finance is not just relevant for Back Office staff, but also for IT specialists, legal experts, compliance officers, controllers and accountants.
At this basic level your knowledge is tested with respect to terminology, theory and facts.

What underlying value does a future contract have when it involves a delivery moment?

Is initial margin an out-of-pocket expense?

Which job title can you expect in the middle office?

The book structure relates to:

Suppose company A buys a cash settled futures contract at 25.00 euro from company B. The maturity of the contract is 12 months. What is paid by A to B right now?

Mark-to-Market valuation is used to:

A negative Mark-to-Market value can be compare to:

Hedge accounting is an accounting rule and it includes:

Mark-to-Market valuation refers to the valuation of positions according to:

What is an index?