In what scenario Consolidated Account Statement (CAS) is NOT issued to investors?(1.0 Marks)When There Are No Financial Transactions MadeAWhen The Investor Has Multiple Demat AccountsBWhen The Investor Prefers Physical StatementsCWhen The Investments Are In Foreign Currency
Question
In what scenario Consolidated Account Statement (CAS) is NOT issued to investors?(1.0 Marks)When There Are No Financial Transactions MadeAWhen The Investor Has Multiple Demat AccountsBWhen The Investor Prefers Physical StatementsCWhen The Investments Are In Foreign Currency
Solution
A Consolidated Account Statement (CAS) is not issued to investors in the scenario when there are no financial transactions made. This is because the CAS is a statement that provides an overview of all the financial transactions made by an investor. If no transactions have been made, there would be no data to include in the CAS, hence it is not issued.
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