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Harish Rengarajan (HARISH87)
Euroclear

Euroclear
BE
HARISH87 Member since 2012 17 posts
Euroclear
Posted: January 27, 2016
Last activity: February 12, 2016
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Question on circumstance

Hi ,

I encountered a question is CSSA practice exam.Please see the below question for which i chose C(01-01-05) , but it seems it is wrong.But i have read that Circumstanced version always takes precedence even if there is a base rule in a future version.

Can some one please justify this.

 

An application contains the ruleset  ABC :01-01.The base version of a section named PolicyReview in the 01-01-01 version

of the ABC ruleset , with the following updated versions

 

 

Rule Ruleset Version Circumstance
A 01-01-05 State = MA or CT
B 01-01-10 State = CA or AZ
C 01-01-15 None, base rule flag set
D 01-01-20 State = NY or NJ or PA
E 01-01-25 State = MI or OH
F 01-01-30 None

 

If the State = MA, which rule would be run?
 
 
A.The rule in the 01-01-30 ruleset.
B.The rule in the 01-01-01 ruleset.
C.The rule in the 01-01-05 ruleset.
D.The rule in the 01-01-15 ruleset.
Sorry, this is incorrect.
The base rule flag establishes a new floor, and prevents the system from running a circumstanced version in a prior ruleset version.

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