IFPUG I40-420 Question Answer
The Foreign Exchange System (FXS) allows banking operations to monitor trades processed from different foreign exchange trading systems which are located in London, New York and Hong Kong.
The Trade logical file is maintained using a series of batch jobs which copy each of the three foreign exchange data sets into FXS usable format. Once processed, the Add Trade batch function loads the data Into the Trade logical file and adds a date/time stamp.
A Daily Trade Detail report is produced listing all trades monitored. This report is sorted by trading location.
Two monthly reports are produced. A Monthly Summary Trade report is produced that contains summary trade numbers by trading location. A Monthly Trade Monitoring report is produced that lists all trades monitored, is sorted by trade date and contains a consolidated trade value.
From the Names of Possible Functions listed identify the base functional components for the FXS application. Select N/A if a Name of Possible Function Type does not apply.
Identify the functions used:
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- Value of Money
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