Absa Fica Guideline Test

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| By FICKSBURG
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1. A Woolworths statement is acceptable as proof of residence

Explanation

A Woolworths statement is not acceptable as proof of residence. Proof of residence typically requires documents such as utility bills, bank statements, or government-issued documents that clearly state the individual's address. While a Woolworths statement may contain the individual's name and address, it is not considered a valid proof of residence as it is a statement from a retail store and does not hold the same level of credibility as the aforementioned documents.

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About This Quiz
Banking Regulations Quizzes & Trivia

This test is designed to establish the extend of deeds secretaries and support personnel's knowledge of the Absa Fica Guidelines.

2. Each page of a multiple page doc must be initialled

Explanation

In this case, the correct answer is False. The statement claims that each page of a multiple page document must be initialled, but this is not necessarily true. While some organizations or individuals may choose to initial each page for added security or verification purposes, it is not a universal requirement. Many documents, especially longer ones, do not require initialling on every page. Therefore, the statement is false.

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  • Oct 19, 2011
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A Woolworths statement is acceptable as proof of residence
Each page of a multiple page doc must be initialled
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