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Basic Question 0 of 5
What order instructions indicate when to fill an order?
B. Validity instructions
C. Clearing instructions
A. Execution instructions
B. Validity instructions
C. Clearing instructions
User Contributed Comments 3
User | Comment |
---|---|
guida | why validity instructions? |
dipu617 | Execution instructions for - how to fill. Validity instructions for - when to fill. Clearing instructions for - how to settle the final settlement. |
ascruggs92 | Why? Because it says so in the notes. Take 5 seconds to look at the reading and you'll see how easy it is to find it |

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Learning Outcome Statements
calculate and interpret activity, liquidity, solvency, and profitability ratios
describe relationships among ratios and evaluate a company using ratio analysis
CFA® 2025 Level I Curriculum, Volume 3, Module 11.