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NEW QUESTION: 1
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B. Accounting entries related to an Accrual event for back-dated schedules are passed when the account is saved. However, accounting entries for an ALIQ event for back-dated schedules are passed when the loan account is authorized
C. Accounting entries related to an Accrual event and an ALIQ event for back-dated schedules are passed when the loan account is saved.
D. Accounting entries related to an Accrual event and an ALIQ event for back-dated schedules are passed only during EOD
Answer: D
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Explanation/Reference:
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