Journal entries for trade booking while booking and setting? how derivative works and priced, what are kinds of reconciliations,

Question

Accepted Answer

Journal entries for trade booking, derivative pricing, and types of reconciliations.

Trade booking involves recording transactions in the accounting system through journal entries.
Derivative pricing involves determining the value of financial instruments based on market factors.
Types of reconciliations include cash, position, and valuation reconciliations.
Cash reconciliation involves comparing cash balances between the bank and the accounting system.
Position reconciliation involves comparing the positions held in the accounting system to those held by the custodian.
Valuation reconciliation involves comparing the value of assets in the accounting system to their market value.

Popular interview questions of Manager